There's no anticipation they're going to cut production. Some people were wrong, and they're getting out.
More Quotes from Ed Silliere:
Heating oil supply and demand couldn't look more bearish ... and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.Ed Silliere
They don't care if it's been up all week.
Ed Silliere
This is February weather in December.
Ed Silliere
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.
Ed Silliere
That's very bearish. The imports are higher than we anticipated.
Ed Silliere
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