March heating oil prices appeared to be on the mend this morning as they tried to recover from Thursday's negative reversal. Some technicians said that March heating oil registered a bearish reversal yesterday after it posted new highs for the rally earlier in the session and that it could be a limiting force for the market ahead. There was also talk that that surging heating oil crack spread, which has surpassed $25 per barrel, has the potential to encourage greater production and foster a glut of supply going forward.