Going over “the fiscal cliff” will likely approximate the impact on everyday life of the “Y2K” changeover. This is much ado about very little--right now. Read More

The quadrennial circus/steel-cage wrestling match also known as a US presidential campaign is finally over. Here's what the election results means legislatively for MLPs. Read More

Owning units issued by an MLP differs in several key respects from owning shares of a traditional corporation. One of the most attractive is that a publicly traded MLP paying distributions to its partners is not subject to double taxation, as are corporations that pay dividends. Read More