Quotations
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Michael Fitzpatrick Quotes
«Mild weather is supposed to continue across most of the northern third of the country until next week, .»
Author: Michael Fitzpatrick
«I'm expecting builds across the board. Imports should continue to arrive at a high rate, which will raise crude stocks, and refineries continue to return, which should do the same for the products.»
Author: Michael Fitzpatrick
«The surprising fall in gasoline stocks and the approach of the cold are sending us higher. Also, imports contracted and gasoline demand rose.»
Author: Michael Fitzpatrick
«The current perception is that there is enough crude and heating oil around, thus the slide in prices.»
Author: Michael Fitzpatrick
«Crude oil will have to fall eventually because supplies are adequate and demand is not the greatest for this time of year. You can't justify crude oil at close to $60.»
Author: Michael Fitzpatrick
«Mild weather and growing stockpiles can't be ignored much longer.»
Author: Michael Fitzpatrick
«Prices have retreated unusually fast and there is still two months left for the thermometer to drop.»
Author: Michael Fitzpatrick
«The storm may lead to further evacuations. If the storm moves into the Gulf it will lead to a suspension of repairs and there may even be a contraction in production. We're taking no chances.»
Author: Michael Fitzpatrick
«Crude is being held back by the apparent consensus that OPEC will keep pumping.»
Author: Michael Fitzpatrick
«The market was overdue for a correction, after sliding steeply from a peak of $15.78 just over two weeks ago.»
Author: Michael Fitzpatrick