U.S. weather remains bearish for the next two weeks. It would certainly seem that at some point, cold weather would enter the major population centers of the lower 48 states, for Mother Nature remains neither bullish nor bearish forever.
Mother Nature is going to be huge in the next several weeks. Long term I think we're headed to $30 to $35, but I don't think we're doing that yet. We have a lot of winter left.