PeterRG,
I know you are right. It is all in the drilling bit! The more reserves, more production, more sp rights! On the brighter side: recent GOP success should boost Energy /exports /trading in USA (So PSA may get upside with I/N price parity)
But we have all sorts of difficulty. We may just be starting out [though my journey since 2008 when price $1.64 continues to slide along the bottom...] I hope to success.
PSA Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held