The cold weather is moving into the Northeast and that's going to push prices higher. We could see crude oil go to 62.50 in a week or so.
More Quotes from Mike Sander:
The stock numbers and political problems around the world aren't helping pull this market back at all. We've reached last year's peak summer highs and it's only April. That's somewhat scary.Mike Sander
All these potential crises around the world are helping to move up prices in the energy market. The market wants to pull back but there was just too much negative news over the last couple of days.
Mike Sander
We could easily go up another 3. This whole Iran issue could be around for quite some time yet.
Mike Sander
The energy markets are going up with the cold weather headed for the east coast. Natural gas spiked up above 15 and oil got a kicker from that.
Mike Sander
The huge gains this week were out of control.
Mike Sander
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