Word: canaccord
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Dates: during 2007-2007
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...weather. The current deep-freeze in the Midwest aside, this winter has been unseasonably warm, curbing demand for heating oil. "A third of the winter season is over and we haven't seen any normal consumption patterns on the East Coast," says Irene Haas, an energy analyst with Canaccord Adams in Houston. Haas also points out that an additional 1.5 million barrels of daily oil production is slated to kick in this year from countries such as Angola, Azerbaijan, Brazil and Canada; that much new oil from non-OPEC nations hasn't hit the global pool in three years...
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