Carl Neill
Carl Neill
market news possibly thrown
We're way oversold. They've thrown about as much bearish news at this market as you possibly can.
consumers demand industrial levels seeing toward
You are getting back toward levels where industrial consumers can make money. So I do think you're seeing some more industrial demand come back in.
concern winter
Winter is a done deal. The big concern now is we're going to have too much gas.
fact focused good market shape storage
The fact that we are in such good shape with storage is what the market is focused on now.
ahead huge hurricane lows summer time year
We still have a huge overhang of storage. This is the time of year when you get seasonal lows ahead of summer and hurricane season.
coming concern continued damage driving either line looks originally quickly rita worse
What's really driving us here is continued concern about how much damage has been done by either Rita or Katrina. It looks like things are a little worse than originally assumed, and things aren't coming back on line as quickly as thought.
cold couple days last short weather
We've had a big sell-off in the last couple of days and with the cold weather coming, there's some short covering.
cooler front move snow weather
We had some cooler weather and you had that snow front move through the Midwest.
bringing gas industrial oil people switch
People who can switch from heating oil to gas are doing it. That's what's bringing in more industrial demand.
aggressive less selling
Selling is less aggressive down here than it has been.
finally gas
There's still a lot of gas out there, but we're finally going to get some near-normal temperatures.
broken crude oil trading
Crude oil has broken out of a six-week trading range.
february history level lowest reached
RSI reached the lowest level ever in the history of the February contract.
chicago degrees
This is what we should do when it's 54 degrees in Chicago in January.