<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:bir="http://www.alacra.com/bir" xmlns:spcred="http://www.alacra.com/spcred" xmlns:newstex="http://www.alacra.com/newstex" ><channel><title>NuStar Energy LP RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>NuStar Energy LP</description>
<link>http://www.alacrastore.com/company-snapshot/NuStar_Energy_LP-2504914</link>
<lastBuildDate>Saturday, July 26, 2008 8:12:00 AM</lastBuildDate>
<alacra:xlsid>2504914</alacra:xlsid>
<alacra:company>NuStar Energy LP</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-26491872</link><guid isPermaLink="false">newstex/BW-0001-26491872</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jul. #, #### (Business Wire) --  NuStar Energy L.P. (NYSE:NS) and NuStar GP Holdings, LLC (NYSE:NSH) today announced that they will host a joint conference call Friday, July ##, #### at ##:## a.m. CT to discuss second quarter #### earnings...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>7/7/2008 6:16:00 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002018</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002012</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><title>NuStar Energy L.P. and NuStar GP Holdings, LLC To Announce Second Quarter 2008 Earnings Results July 25, 2008</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-26491872</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NUSTAR ENERGY L.P.</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NUSTAR GP HOLDINGS</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NSH</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MCOM-0004-25612898</link><guid isPermaLink="false">newstex/MCOM-0004-25612898</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> May ##, #### (M# Communications Ltd. delivered by Newstex) -- NuStar Energy LP (NYSE:NS), which engages in the transportation, terminalling and storage of crude oil and refined products, said on ## May that it expects to report approximately...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>5/29/2008 8:23:33 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">M2 EquityBites</newstex:Publication><title>NuStar Energy L.P. and NuStar GP Holdings LLC announces outlook for second quarter 2008</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MCOM-0004-25612898</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NUSTAR ENERGY L.P.</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NUSTAR GP HOLDINGS</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NSH</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-24680831</link><guid isPermaLink="false">newstex/BW-0001-24680831</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SAN ANTONIO, Apr. ##, #### (Business Wire) -- NuStar Energy L.P. (NYSE:NS) today announced net income applicable to limited partners of $##.# million, or $#.## per unit, for the first quarter of ####, nearly double the $##.# million,...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016003</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04007000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04007005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001002</newstex:cat><pubDate>4/22/2008 9:19:48 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18022000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18020000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18003000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><title>NuStar Energy L.P. Reports Record First Quarter 2008 Earnings and Announces Quarterly Distribution</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-24680831</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NUSTAR ENERGY L.P.</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">VALERO ENERGY CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">CURT NULL ANASTASIO</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">VLO</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/640248</link><guid isPermaLink="false">spcred/640248</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><title>NuStar Logistics' Unsecured Notes Rated 'BBB-'; NuStar Energy 'BBB-' Corporate Rating Affirmed</title><pubDate>3/31/2008 6:34:38 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">640248</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) March 31, 2008--Standard&amp;Poor's Ratings Services said today that it assigned its 'BBB-' rating to the proposed $350 million senior unsecured notes offering by NuStar Logistics L.P., a wholly owned subsidiary of NuStar Energy L.P. (NuStar). Proceeds will be used to pay down debt under the company's revolving credit facility, which had been used to fund NuStar's acquisition of CITGO Asphalt Refining Co. (CARCO). At the same time, we affirmed the 'BBB-' corporate credit rating on the parent company. The outlook is negative. Pro forma for the notes offering and CARCO acquisition, San Antonio, Texas-based NuStar had $2.1 billion in debt as of Dec. 31, 2007. "The ratings on parent NuStar reflect its ownership</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/640249</link><guid isPermaLink="false">spcred/640249</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Research Update from S&amp;P</description><title>Research Update: NuStar Energy Subsidiary's Unsecured Notes Rated 'BBB-'; Corporate Rating Affirmed At 'BBB-'</title><pubDate>3/31/2008 6:34:38 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">640249</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On March 31, 2008, Standard&amp;Poor's Ratings Services assigned its 'BBB-' rating on the proposed $350 million senior unsecured notes offering by NuStar Logistics L.P., a wholly owned subsidiary of NuStar Energy L.P. (NuStar). Proceeds will be used to pay down debt under the company's revolving credit facility, which had been used to fund NuStar's acquisition of CITGO Asphalt Refining Co. (CARCO). At the same time, we affirmed the 'BBB-' corporate credit rating on the parent company. The outlook is negative. Pro forma for the notes offering and CARCO acquisition, San Antonio, Texas-based NuStar had $2.1 billion in debt as of Dec. 31, 2007. The ratings on parent NuStar reflect its ownership of fairly predictable operations focused on refined-product</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/813682</link><guid isPermaLink="false">bir/813682</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>NuStar Energy L.P.</title><bir:company xmlns:bir="http://www.alacra.com/bir">NuStar Energy L.P.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Shamrock Logistics L.P.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Valero L.P.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Kaneb Investment L.L.C.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Texas Energy Services L.L.C.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Kaneb Management Company L.L.C.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Diamond K Ltd.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Kaneb Management L.L.C.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Kaneb Pipe Line Partners L.P.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Support Terminal Services Inc.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Shore Terminals L.L.C.</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">United States</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Mining: Oil and gas refining and marketing. Transportation: Provider of crude pipeline network.</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">1311</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4612</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4613</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">211111</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">486110</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">486910</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">17</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">F</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">K</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir">NS</bir:ticker><pubDate>2/23/2008 6:16:00 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">813682</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619062</link><guid isPermaLink="false">spcred/619062</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>NuStar Energy L.P.</title><description>The latest Full Report from S&amp;P</description><pubDate>12/11/2007 3:47:47 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619062</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The majority of the partnership's operations generate stable, low-risk cash flow associated with pipeline and storage activities; Strong position in many attractive refined products terminal markets; and Management is pursuing several organic growth projects backed by long-term contracts. The asphalt refining business will add significant volatility to NuStar's cash flows; Master limited partnership structure requires virtually all cash to be distributed to unitholders; and Moderately high financial leverage. The ratings on NuStar Energy L.P. reflect its ownership of fairly predictable operations focused in refined-product pipelines; crude oil pipelines, terminals, and storage; and ammonia pipelines. With over 9,000 miles of crude and refined-product pipelines and 80 million barrels of storage capacity, NuStar is one of the larger publicly traded master limited</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619064</link><guid isPermaLink="false">spcred/619064</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Summary: NuStar Energy L.P.</title><description>The latest Summary from S&amp;P</description><pubDate>12/11/2007 3:47:47 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619064</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on NuStar Energy L.P. reflect its ownership of fairly predictable operations focused in refined-product pipelines; crude oil pipelines, terminals, and storage; and ammonia pipelines. With over 9,000 miles of crude and refined-product pipelines and 80 million barrels of storage capacity, NuStar is one of the larger publicly traded master limited partnerships (MLPs) focused on oil and gas logistics assets. These strengths are partially offset by the partnership's pending acquisition of CITGO Asphalt Refining Co. (CARCO; unrated), which will subject NuStar to the volatile asphalt refining business, as well as the partnership's relatively aggressive financial leverage. NuStar's current business mix consists of refined products terminals (41% of operating income), refined product pipelines (37%), crude oil pipelines (12%), and crude</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/611999</link><guid isPermaLink="false">spcred/611999</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>NuStar Energy L.P. Outlook Revised To Negative; Corporate Credit Rating Affirmed At 'BBB-'</title><description>The latest News from S&amp;P</description><pubDate>11/7/2007 6:33:06 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">611999</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) Nov. 7, 2007--Standard&amp;Poor's Ratings Services said today that it revised its outlook on NuStar Energy L.P. to negative from stable and affirmed its 'BBB-' corporate credit rating on the company, following the announcement that the partnership intends to acquire CITGO Asphalt Refining Co. (CARCO; unrated). NuStar has agreed to purchase CARCO from Petroleos de Venezuela S.A. for $450 million plus an estimated $100 million in working capital. The acquisition consists primarily of two asphalt refineries, one in Paulsboro, N.J. (74 million barrels per day (mmbpd)), and the other in Savannah, Ga. (30 mmbpd). The sale also includes three owned terminals, and leases on 20 third-party terminals. With the acquisition, NuStar will be the</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/612000</link><guid isPermaLink="false">spcred/612000</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Research Update: NuStar Energy L.P. Outlook Revised To Negative; 'BBB-' Corporate Credit Rating Affirmed</title><description>The latest Research Update from S&amp;P</description><pubDate>11/7/2007 6:33:06 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">612000</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Oil &amp; Gas Storage &amp; Transportation</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On Nov. 7, 2007, Standard&amp;Poor's Ratings Services revised its outlook on NuStar Energy L.P. to negative from stable and affirmed its 'BBB-' corporate credit rating on the company, following the announcement that the partnership intends to acquire CITGO Asphalt Refining Co. (CARCO; unrated). NuStar has agreed to purchase CARCO from Petroleos de Venezuela S.A. (PDVSA) for $450 million plus an estimated $100 million in working capital. The acquisition consists primarily of two asphalt refineries, one in Paulsboro, N.J. (74 million barrels per day (mmbpd)), and the other in Savannah, Ga. (30 mmbpd). The sale also includes three owned terminals, and leases on 20 third-party terminals. With the acquisition, NuStar will be the leading supplier of asphalt in the</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102040 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">NuStar Energy L.P.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">362939</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">VLI</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Gas</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item></channel></rss>