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Re: John Bates post# 15893

Friday, 12/18/2015 1:44:56 PM

Friday, December 18, 2015 1:44:56 PM

Post# of 114149
I agree that is a concern. I would say the weather in Texas would be a good reason for this to be stuck in the $1.7s or 8s or higher given the last 2 quarters. If the decline is really due to weather, then GV is in effect still getting a big discount for the Texas issues from last year. Which by the way it should get, but we're talking about a >50% discount here--excessive, in my view.

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