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Re: This week's SA articlesThanks as always for the excellent recap. You reminded me of one pending use for the cash ET saved via their cut. To pay WMB I believe $400MM for busting up that deal. It seems impossible that ET can win this lawsuit. That said, there sure is a lot of extra ET $$ left to paydown debt, unless their recontracting exposure is higher than anyone wishes to admit to. I'm guessing the latter is a larger factor than we know as many pipelines compete for barrels to ship. |
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