re: last call.....(additional data on us ng situat
IMHO, I think storage is higher this year because the lower storage in previous years caught the gas users by surprise, hence they are storing up extra and early to be able to survive a heavy usage period.
The upside is that prices are higher overall as demand is on the whole higher.
The downside is that you don't get massive spikes in the market where PSA made 'super profits' last year.
Overall, with prices above US$6 through the summer, I am not complaining. PSA must be making a fortune. Most of the players here must be getting set again for another run in the latter half of the year. I certainly am.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
