The heating oil fundamentals are the worst since the winter of 1998-1999 when the price was 30 cents. There is plenty of supply and prices should be lower. It's too early in the winter but in a few weeks prices should be much lower.
The heating oil fundamentals are the worst since the winter of 1998-1999 when the price was 30 cents. There is plenty of supply and prices should be lower. It's too early in the winter but in a few weeks prices should be much lower.
Quite simply, the strong Pacific flow is continuing to inhibit any major intrusions of Arctic air into the lower 48. The winter is rapidly coming to an end for all practical purposes.
Mother Nature is going to be huge in the next several weeks. Long term I think we're headed to 30 to 35, but I don't think we're doing that yet. We have a lot of winter left.
© 2020 Inspirational Stories
© 2020 Inspirational Stories