We're going to keep on marching higher here. The next stop is the $41.15 it hit on the heels of Saddam Hussein's invasion of Kuwait and from there I would expect another spike higher. Once hostilities ensue I wouldn't be surprised to see $50 or $60 print. - John Kilduff Quotes
We're going to keep on marching higher here. The next stop is the $41.15 it hit on the heels of Saddam Hussein's invasion of Kuwait and from there I would expect another spike higher. Once hostilities ensue I wouldn't be surprised to see $50 or $60 print. John Kilduff
 

More - John Kilduff Quotes

Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to more than adequate for the remainder of the season. - John Kilduff Quotes

Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to more than adequate for the remainder of the season.

John Kilduff

 
Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to be more than adequate for the remainder of the season. - John Kilduff Quotes

Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to be more than adequate for the remainder of the season.

John Kilduff

 
Even though [natural-]gas prices don't have a direct link to current geopolitical uncertainties, it has to make those holding short positions more than a bit anxious. - John Kilduff Quotes

Even though [natural-]gas prices don't have a direct link to current geopolitical uncertainties, it has to make those holding short positions more than a bit anxious.

John Kilduff

 
The natural-gas market should have come under pressure from the end of the heating season and the fact that the market looks to retain a significant surplus. - John Kilduff Quotes

The natural-gas market should have come under pressure from the end of the heating season and the fact that the market looks to retain a significant surplus.

John Kilduff

 
A large consuming area in the Midwest is going to experience a relatively significant degree of cold weather, and that is going to help support these prices. - John Kilduff Quotes

A large consuming area in the Midwest is going to experience a relatively significant degree of cold weather, and that is going to help support these prices.

John Kilduff

 Experience
The threats remind us of how tight the supply-demand balance is. These threats can't be dealt with; there just isn't enough spare capacity, so prices are moving higher and will continue to do so. - John Kilduff Quotes

The threats remind us of how tight the supply-demand balance is. These threats can't be dealt with; there just isn't enough spare capacity, so prices are moving higher and will continue to do so.

John Kilduff

 
OPEC would like to see lower prices and is doing what it can. The OPEC ministers left open the prospect of a rollback in quotas at the March meeting. - John Kilduff Quotes

OPEC would like to see lower prices and is doing what it can. The OPEC ministers left open the prospect of a rollback in quotas at the March meeting.

John Kilduff

 
A cataclysm to both production and refining was priced in. The assets are standing and repairs can continue. - John Kilduff Quotes

A cataclysm to both production and refining was priced in. The assets are standing and repairs can continue.

John Kilduff

 Assets
Prices remain sensitive to the latest developments concerning the storm, - John Kilduff Quotes

Prices remain sensitive to the latest developments concerning the storm,

John Kilduff

 
The attackers ended up hitting well short of any infrastructure. There was also a big step forward toward solving the Iranian nuclear crisis this weekend. As the waters calm the price of oil falls. - John Kilduff Quotes

The attackers ended up hitting well short of any infrastructure. There was also a big step forward toward solving the Iranian nuclear crisis this weekend. As the waters calm the price of oil falls.

John Kilduff

 
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