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PSA 12.5¢

gas sales are at us spot prices

  1. Company politely confirmed to me today that all of their gas sales are currently at spot.

    Latest look at Bloomberg.com tells me this:

    "Natural Gas ($/MMBtu) Price Change

    Nymex Henry Hub $9.58
    Henry Hub $ 19.38
    Chicago City Gate $ 17.50"

    Their announcement previously said they were enjoying high prices at US$5 a unit etc. Jesus folks, PSA have hit the jackpot here.

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