bargains to be had, page-9

as much as I think sushi1 beats the PSA too much, I tend to agree with much of what he says this time about gas prices being down for a while (though where does $4 come from and how long at that level -just gut feel?). However, gas prices are cyclic, I think the US energy information administration best placed to call gas and average yearly prices are expected to be MUCH higher, that's really what counts. PSA may already be largely price-adjusted for the low gas price scenario for coming months.

Personally, I'm ouit of PSA for other reasons than gas price. Despite huge income, the GoM has been costing too much for PSA to maintain, clearly apparent from the annual placements. More importantly however, I don't any more trust what TF says a teeny bit.