The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes, |
The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes. |
There's no anticipation they're going to cut production. Some people were wrong, and they're getting out. |
They don't care if it's been up all week. |
This is February weather in December. |
We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise. |