The Company is a publicly traded LLC that owns the two percent general partner interest, a 21.4 percent limited partner interest and the incentive distribution rights in NuStar Energy L.P., an independent terminal and petroleum liquids pipeline operators.
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NuStar will have an outstanding position in the St. James, Louisiana crude terminal. As Eagleford and Permian light tight crude oil increases, it will be pushed to St. James for blending, storage, shipping and hedging. This should play out well by… More
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