Value fund manager Bayard Closser just launched an energy MLP fund. With a focus on high yield pipelines, it aims to be a long-term play.» Read More
SAN FRANCISCO, Oct 10- Record-high retail prices for gasoline in California began to ease on Wednesday, receding from an unprecedented jump to $5 a gallon in some areas, even as further refinery disruptions threatened to slow the decline.
Jim Cramer explains what to watch ahead of the open, including Chesapeake Energy selling off its oil assets.
If you're looking for safe, consistent high-yielders, says Mad Money's Cramer, there's nothing better than the pipeline MLPs, and KMP is the best play out there. Discussing the future of the pipeline business, with Richard Kinder, Kinder Morgan CEO.
"Of course we like the deal," says Carl Icahn, of Icahn Enterprises, who owns a 6% stake in El Paso. "It's a win-win for both of them."
Some stocks are just straight up money machines, veritable ATMs that pay you loads of cash quarter after quarter, says Mad Money host Jim Cramer. Rich Kinder, Chairman and CEO of Kinder Morgan, weighs in on his company.