The market has factored in a lot of damage beforehand, in anticipation that this storm will equal or exceed the damage caused by Ivan. Prices may fall as reports come in.

Carl Neill

Related Quotes

Even where cooling is above normal the weather is pretty mild. The market is extremely weak this morning.

They have to pull gas. And if there's no usage for it, that just puts more pressure on wholesale prices, which in turn puts more pressure on futures.

Winter is a done deal. The big concern now is we're going to have too much gas.

We're way oversold. They've thrown about as much bearish news at this market as you possibly can.

All those factors combined have really smacked this market back down. You're going to have a lot of industrial demand go off line.