PSA
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0.00% 2.1¢ petsec energy limited

clarification on gas prices

  1. jocam9
    1,317 Posts.
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    27/02/03
    11:22
    Post #: 132929
    PSA sells gas at Henry Hub spot price which can be tracked on www.oilnergy.com/gnymex.htm. Prices spiked to $US9.5775 per mmbtu yesterday (not $19.00 as Bloomberg would apparently have it). Understand a thousand ccf is about the same as one mmbtu but stand to be corrected. Regret confusion earlier. These prices are nevertheless a huge windfall for PSA which was once selling gas out of the gulf at $US2.0. JBC
    PSA Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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