enterprise is buying oiltanking partners for $ 6B, all in. imo.....

there are two ramifications to this deal: a) this is a pretty big bet by epd on the feds allowing more liquids exports. this would help to bolster liquid hydrocarbon prices, and, b) as regards our parochial interests, if the lower 48 price for light sweet falls too very much further from where it stands today, producers will greatly throttle back on the liquids driven gas well drilling we see everywhere today (marcellus excepted, it's drier than a ......., well, you know what).

link to article:

http://fuelfix.com/blog/2014/10/01/enterprise-product-partners-prop...

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