Peter Beutel
Peter Beutel
changes occurred wholesale
I'm not forecasting these changes. These changes have already occurred at the wholesale level.
gulf hit hurricane last market needs rita storm tropical western
This is all about Tropical Storm Rita ... obviously, the last thing that this market needs is for a hurricane to hit the western gulf where it didn't hit last time.
market prices
The market is so jittery. If anything comes out of this that is in any way escalating the situation, I think prices will go higher.
market risk situation
The market has effectively discounted most of the risk of the situation already.