Hopefully the parties keep to their side of the deal.
I still think PSA should truck oil east until the fighting completely stops. There is a chance that the pipeline could be bombed or thefts like those in Nigeria. It would be prudent even when we have piping allowed to still truck oil east so that we negate complete operational risk to issues west.
We still have the well in the GOM, hopefully we find a nice pool of the sweet stuff in the deep horizon.
PSA Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held