RE:RE:Propane TerminalThanks for an interesting post.
Spot Propane prices in Mont Belvieu Texas are up around a $1.00 US per gallon last few days signifying a sharp and meaningful rebound which is good for their fracking business. I belieive profits are a function of prices off that market and against Alberta gas prices. The spread should be moving in their favour for this side of theor business which is the most cyclical.
On another note, could PL have an interest in buying part of the Heartland Project to help stymy the takeover bid from Brookfield?
Not sure how this would be percieved or actually make sense.
Cheers
Slurge