Lucky Oil

Today (April 10) oil prices rose again, but this is after they had fallen $3 a barrel the previous day. The fall was due to a speculated over supply at an important place of import for the US. Heating oil prices have risen because the demand has risen giving me the idea that the demand for heating oil is elastic. The demand has gone up beacause of the cold temperatures the Northeast has been receivng lately. Also the price of Natural gas has gone up because of the cold temps which leads me to beleive natural gas and heating oil are compliments. If this weather continues for a little while and the middle east crisis also continues I do not see the major oil companies or the small ones for that matter complaining about profits this quarter.