This is not announcing the sale of gas. This is saying we have a customer ready to buy our gas who is close to the Whitesides dairy and will save this guy a lot of money. At the same time, we are getting a better price because we can sell it retail and not wholesale.
Two observations.....
One, this industrial user would not sign a contract if it was going to take months before he would see the gas arrive from ITR.
Two, the addition of Jack Haffey makes a lot more sense now that ITR is more like a utility. His background as a COO of an energy company will be very helpful!!
Today pps will probably settle back down, but it is just precursor of things to come!!