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.
More Quotes from Kyle Cooper:
Iran is driving it today, throwing jitters into the market. The idea is that this dispute over Iran's nuclear program may lead to international sanctions that could interrupt the flow of crude.Kyle Cooper
The Iranians are going ahead with their nuclear program and saying the heck with what the rest of the world thinks. They didn't say anything about cutting supplies but the market is still nervous.
Kyle Cooper
People have been more concerned about products than crude.
Kyle Cooper
My times have improved by about a minute and a half (since last season), ... I trained pretty hard over the summer. Coach (Adam Kedge) gave us a training plan. I tried to run every day. I guess it paid off.
Kyle Cooper
We are rebounding a bit but this is still a bearish market. There is a little talk that OPEC may announce a cut. I don't know how likely that is, but the fall in prices might prompt some action.
Kyle Cooper
Although the U.S. weather remains relatively bearish, the market is moving higher. There seems to be little fundamental reason for the move as Russian gas supplies to Europe are resuming. However, fear of a possible future disruption is probably a driver.
Kyle Cooper
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