We're way oversold. They've thrown about as much bearish news at this market as you possibly can.
More Quotes from Carl Neill:
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.Carl Neill
People who can switch from heating oil to gas are doing it. That's what's bringing in more industrial demand.
Carl Neill
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.
Carl Neill
There's still a lot of gas out there, but we're finally going to get some near-normal temperatures.
Carl Neill
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.
Carl Neill
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