Wednesday, February 14, 2007

Nat Gas

It's been a great day here at the house. School was canceled due to the snowy weather so it's been a lot of fun having all the kids home today... almost like a Saturday around here today.

It's also darn cold out and will be for the next few days, but forecasts for next week are showing that temps are going to shoot well up into the upper 40's for highs in the NY region! I am still expecting that will punch nat gas below the $7 mark even if we see a large delivery out of stoarge in tomorrow's EIA inventory numbers.

2 comments:

Lauriston said...

I noted on my blog a report from Bloomberg that $30 crude oil may be coming in March, at least according to Sanford C. Bernstein. I have XLE puts and tomorrow if energy slides I will add. I think this bounce since mid-Jan has played out

Jim K said...

i'll have to check that out. that would change many things.