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Quotations
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Michael Fitzpatrick Quotes
«Temperatures in the Northeast and Midwest were expected to remain above normal for the next 10 days.»
Author: Michael Fitzpatrick
«The uncertainty relative to Nigeria remains a front burner issue, with more attacks taking place on Monday, but apparently the attacks did not result in any lost production.»
Author: Michael Fitzpatrick
«Supplies [are] on track to be at a record-high level at the end of the heating season, so the market needs a significant disruption in supply or extraordinary jump in demand to reverse the current down trend.»
Author: Michael Fitzpatrick
«The latest national Weather Service outlook is forecasting below-normal temperatures through February 21st, but an arctic cold blast is not expected.»
Author: Michael Fitzpatrick
«Gasoline has led the way lower. High imports and expectations of a switch to gasoline production have led to concerns that supplies will swell as we go into the summer driving season.»
Author: Michael Fitzpatrick
«The warm January has permitted a window of opportunity to stage an early refinery turnover, longer-term weather forecasts call for a warm conclusion to the heating season, and gasoline has been quickly rebuilding stockpiles in advance of summer.»
Author: Michael Fitzpatrick
«Despite a weekend blizzard in the Northeast and an oversold market after a 16% sliding the last six sessions, record high levels of gas in storage would temper any buying even if the weather stays cold.»
Author: Michael Fitzpatrick
«The weather will be more seasonal over the next week but it will take much more than that to put a dent in supplies.»
Author: Michael Fitzpatrick
«The elements that brought us here are still with us. The world economy is chugging along, which is leading to increased demand. The stock and bond markets aren't so attractive that all of the funds are going to exit energy.»
Author: Michael Fitzpatrick
«Iran's oil minister has said that oil exports would not be used a s a bargaining chip, but that possibility must be considered, particularly if tensions escalate.»
Author: Michael Fitzpatrick
