We do have a comfortable cushion. Even if it does get cold, inventories will be able to pick up the slack.
—Chris Ovrebo
If we start to see a slide in distillates, it wouldn’t be a cause for alarm, unless it fell below five-year averages.
By the time it does get cold, it will be the second week of February, almost the third week. It just seems like we are getting that much closer to spring.
Gas is getting some pressure from the high inventories and the warm weather is still lingering. We certainly have stockpiles that should be adequate if it gets colder.
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