PSA 0.00% 2.1¢ petsec energy limited

clarification on gas prices

  1. 1,317 Posts.
    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
 
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