The commercial sector is starting to realize that weather can't be an excuse for financial losses anymore.

The chance of it turning north to Louisiana is getting slimmer.

The elephant in the room is storage right now. Despite the expected return of colder temperatures, traders see the record high storage.

Heating oil customers have the worst of the situation.

Gas is still taking a lot of direction from the crude market.

The biggest story of the year is clearly the record-breaking hurricane season.

There's been tremendous growth in the weather market, driven by funds that are participating in cross-commodity activity.

A lot of funds are short natural gas so they amplified the downside move. Then, the bounce was on some short covering -- classic speculative volatility.

That opened the market to smaller lot energy traders and even grain traders.

Prices are being pushed lower ahead of Thursday's storage report.