NuStar GP Holdings, LLC (NYSE:NSH) today announced record earnings of $34.8 million, or $0.82 per unit, for the third quarter of 2008, nearly 2.5 times higher than the $14.1 million, or $0.33 per unit, earned in the third quarter of 2007.

NuStar GP Holdings, LLC (NYSE:NSH) today announced that its board of directors has increased the quarterly distribution rate to $0.43 per unit, which would equate to $1.72 per unit on an annual basis.

NuStar Energy L.P. (NYSE:NS) today announced that its board of directors has increased the quarterly distribution rate to $1.0575 per unit, which would equate to $4.23 per unit on an annual basis.

NuStar Energy L.P. (NYSE:NS) and NuStar GP Holdings, LLC (NYSE:NSH) today announced that they will host a joint conference call Thursday, October 23, 2008 at 10:00 a.m.

NuStar Energy L.P. (NYSE:NS) announced today that the company's board of directors has approved construction of an additional 12.5-mile segment of the East Pipeline System from El Dorado, Kansas, to Potwin, Kansas, which is great news for consumers in the region.