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Agbeli Ameko  Quotes
The chance of it turning north to Louisiana is getting slimmer.

—Agbeli Ameko

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There will be some volatility to the market, but barring any other major disruptions, I think we’ll continue to head lower in prices.

—Agbeli Ameko

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The commercial sector is starting to realize that weather can’t be an excuse for financial losses anymore.

—Agbeli Ameko

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Natural gas prices will be bad as well, we shouldn’t expect prices to go back down significantly.

—Agbeli Ameko

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Prices could remain at or above $38 for the next one to two years.

—Agbeli Ameko

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That opened the market to smaller lot energy traders and even grain traders.

—Agbeli Ameko

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Energy
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With March being the last month of serious withdrawals, we are expected to end the season at record levels.

—Agbeli Ameko

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The elephant in the room is storage right now. Despite the expected return of colder temperatures, traders see the record high storage.

—Agbeli Ameko

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Heating oil customers have the worst of the situation.

—Agbeli Ameko

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We have fared well despite the significant losses in Gulf production.

—Agbeli Ameko

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The biggest story of the year is clearly the record-breaking hurricane season.

—Agbeli Ameko

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The six- to 10-day forecasts are colder than average, and we’re seeing more cold air behind it. It’s going to be very bullish for gas, and we may see a really strong rally.

—Agbeli Ameko

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Traders are essentially writing off this winter season and are now focusing on the summer, which will need the additional storage to offset an active hurricane season.

—Agbeli Ameko

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You have a transition to a warming trend. Because it’s switched to warmer weather, we’ve seen the weather markets sell off and of course, the natural-gas markets sell off as well.

—Agbeli Ameko

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Gas is still taking a lot of direction from the crude market.

—Agbeli Ameko

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Direction
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Prices are being pushed lower ahead of Thursday’s storage report.

—Agbeli Ameko

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A lot of funds are short natural gas so they amplified the downside move. Then, the bounce was on some short covering — classic speculative volatility.

—Agbeli Ameko

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Weather impacts business across every segment, and this is the most innovative way to hedge that risk.

—Agbeli Ameko

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Business
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There’s been tremendous growth in the weather market, driven by funds that are participating in cross-commodity activity.

—Agbeli Ameko

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Growth
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What wasn’t hit by Katrina is being targeted by Rita. The market is taking the storm very seriously.

—Agbeli Ameko

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