We're down because the inventory numbers weren't particularly supportive and above-normal temperatures are in the forecast. You need cold weather to send prices higher.
Quotes about above-normal (13 Quotes)
The DOE report suggests that more product (such as heating oil) may be available in the week ahead, ... Adding to this, the U. S. 6-to-10 day forecast calls for above-normal temperatures in much of the U. S. northeast.
Crude oil inventories increased once more, improving oil availability further. Another important factor is that above-normal temperatures in the U.S. seem to curb heating oil consumption.
Most people are aware the National Weather Service in Jacksonville, Fla., is forecasting an above-normal storm season, predicting 11 or more tropical storms and hurricanes in the Florida area between June and November. Better yet, the Weather Service office has its own concrete shelter built inside the office. We believe in the need to have a safe building, ... We have a safe room that's practically a vault -- it's reinforced with 2 feet of concrete all the way around.
The Northeast will cool down over the weekend, spike to above-normal heating needs for Monday and Tuesday, but then settle back to just under normal for the rest of next week. The Midwest will be a lot cooler than it was in record- mild January, but still a little milder than normal.
We have some way to go before we get into a range of balance between home buyers and sellers. As a result, we will continue to see above-normal home-price appreciation for the foreseeable future.
For the rest of 2002, we're not expecting any big movements in the month-to-month sales pace, but we still expect above-normal rises in home prices due to a persistence of lean housing inventories on the market,
It's certainly reasonable to expect above-normal hurricane seasons for the next decade or perhaps even longer. It's not a matter of if more hurricanes are going to hit the coast, it's simply a matter of when.
It looks like the block is ending and warm air will soon spill into the northern Rockies and Plains. It will take longer for the warm weather to make it to the Midwest and Northeast. In about 10 days we may see above-normal temperatures throughout the Northeast.
Another flake doesn't have to fall and we're going have a fourth consecutive year of above-normal snowfall.
We got a series of snowstorms that produced significant snow. We ended the season with above-normal precipitation.
We're expecting above-normal fire danger for March and for the whole season.
They (defense stocks) are above normal prices, but that is based on above-normal expectations. If those expectations are dashed by one or two companies, they are certainly going to feel it in their stock prices.