to curry all the above up, now the cold weather is kicking in, like really kicking in.
I don't think the gas prices are going to go berserk - the buyers are too well stocked up after the big spike 2 yrs ago for that to happen again - but it will certainly keep demand high and therefore continue to gobble up whatever is in storage.
Frankly, as long as gas prices stay >$5, PSA is onto a huge earner. Fine, I too get p1ssed off with the lack of disclosure, but qrtly report time is coming up and also in a few months year end accounts are coming as well, and they cannot escape either of them. They are really testing my patience, but I can see no reason to be selling with every well they drill a success and production growing and prices staying firm.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held