April 24, 2014 8:31 AM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Global Partners LP (NYSE: GLP) today announced that Basin Transload, LLC, its 60% owned subsidiary, has executed a pipeline connection agreement with Tesoro High Plains Pipeline Company LLC, a subsidiary of Tesoro Logistics LP, (“Tesoro Logistics”) whereby Tesoro Logistics will build, own and operate a new 4.1-mile pipeline lateral from its Dunn Center Station to Basin Transload's facility in Beulah, ND. Crude oil is expected to begin flowing to the Beulah destination in the fourth quarter of 2014, enhancing the facility's ability to source product from a broader region. The Beulah facility includes 280,000 barrels of storage capacity and connects via direct long-haul service to the West and Gulf Coasts via BNSF. “Basin Transload's agreement with Tesoro Logistics broadens the Beulah facility's access to energy production in North Dakota,” said Eric Slifka, President and Chief Executive Officer of Global Partners. “The pipeline connection will augment the volume of crude currently being transported from the wellhead to Beulah. The addition of pipeline access enhances the ratability of the terminal.”
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.