makes $7mil for dec03 half year, page-21

re: us record coldest ever This will surely qualify for saddest post of the day, BUT.......

...Remember that PSA sells its gas at the 'Louisiana Henry Hub' rate so the cold weather up North, whilst helping sentiment, only has a spin off effect on them. There are 5 typical cities in mid USA right in the zone where PSA sells its gas. The 5 cities are:

Ponca City
Greenwood, Ms
wichita falls, Tx
harrison, AR
Jackson, Tn

If you go onto CNN.com and punch in the city in the weather section you get the weeks forecast. And as stated above, it is going to be bl00dy cold in these cities this week. Now what we really need is 2-3 weeks on the trot to create the large gas drawdowns before we get a decent spike in the market. Remember Monday is a public holiday in America, so no gas trading.

I need a girlfriend, but for now PSA is my mistress.