of course it is an interest rate play. as rates rise, TGP must fall to maintain the spread between 10 yr and their MLP rate. otherwise, we will all just buy the10 year eventually, and where does that leave TGP?
they have hedge much of their production. nat gas could go to $20, and their Q2&3 production is mostly sold.
you still have zero value add, and you continue to post dribble. typical for a jackass