The supplies of crude and distilled products appear sufficient to carry the market through the winter.

The market had become grossly oversold by last Thursday, so that had to be worked out. And it looks like cold (at least seasonable readings) are going to continue, at least through next weekend.

The market seems to have found a base to spring from its grossly oversold condition.

We have analyzed all of our options for alternative crude supplies and we are confident that our alternative supply sources will provide us our crude oil requirements should this shutdown occur.

The firmer tone for crude futures should underpin the market at the open.

Nobody knows what to expect next. That's why the crude market is apprehensive.