This week essentially marks the death knell for winter.
More Quotes from Rakesh Shankar:
The recent cold snap seems more like a last hurrah for Old Man Winter, and with barely a few weeks left in the winter season, inventories for natural gas remain in near record territory. This will ensure that any price gains for natural gas in the aftermath of today's report will be limited.Rakesh Shankar
Inventories for this time of the year remain astoundingly above average.
Rakesh Shankar
After a relatively swift recovering following the devastating hurricanes late last year, refinery utilization moderated sharply since the beginning of this year, and is yet to meaningfully recover.
Rakesh Shankar
Traders are now starting to worry more about demand destruction than about supply disruptions.
Rakesh Shankar
We are entering spring with near-record levels of inventory. A recent cold spell notwithstanding, few people now care about surprises in this release, seeing as how total inventories are nearly 70 above average.
Rakesh Shankar
Inventories for this time of the year remain well above average, and in the upper end of the average range for this time of the year.
Rakesh Shankar
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Based on Topics: Death & Dying Quotes, Winter QuotesBased on Keywords: knell
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