Agbeli Ameko
Agbeli Ameko
across business impacts innovative weather
Weather impacts business across every segment, and this is the most innovative way to hedge that risk.
markets seen sell switched transition warmer warming weather
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.
hit katrina market storm taking targeted
What wasn't hit by Katrina is being targeted by Rita. The market is taking the storm very seriously.
despite gulf losses
We have fared well despite the significant losses in Gulf production.
bad expect gas natural prices
Natural gas prices will be bad as well, we shouldn't expect prices to go back down significantly.
expected last march month record season serious
With March being the last month of serious withdrawals, we are expected to end the season at record levels.
active additional focusing hurricane offset season storage traders winter
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.
air behind bullish colder forecasts seeing strong
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.
crude direction gas taking
Gas is still taking a lot of direction from the crude market.
energy grain market opened smaller traders
That opened the market to smaller lot energy traders and even grain traders.
continue head lower major volatility
There will be some volatility to the market, but barring any other major disruptions, I think we'll continue to head lower in prices.
driven funds growth scholars-and-scholarship tremendous weather
There's been tremendous growth in the weather market, driven by funds that are participating in cross-commodity activity.
biggest clearly hurricane year
The biggest story of the year is clearly the record-breaking hurricane season.
amplified bounce classic covering downside funds gas natural short
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.