Carl Neill
Carl Neill
above cooling extremely market normal weak weather
Even where cooling is above normal the weather is pretty mild. The market is extremely weak this morning.
average expensive screaming sink until
The average person has no idea how expensive things are going to be this winter. It's not going to sink in until they get the first bill, and then the politicians will be screaming in the streets.
pressure pull puts turn wholesale
They have to pull gas. And if there's no usage for it, that just puts more pressure on wholesale prices, which in turn puts more pressure on futures.
bit crude looks taking
It looks like crude is taking a bit of a breather.
built heat hurricane premium
There's already a hurricane and heat premium built into these prices.
combined demand factors industrial market
All those factors combined have really smacked this market back down. You're going to have a lot of industrial demand go off line.
caused damage equal exceed fall market prices reports storm
The market has factored in a lot of damage beforehand, in anticipation that this storm will equal or exceed the damage caused by Ivan. Prices may fall as reports come in.
absolutely high prices public radar screen
It's still under most people's radar screen right now. The public has absolutely no idea how high prices are going to be this year. It's going to be mind-boggling.