Michael Fitzpatrick
Michael Fitzpatrick
Singer best known as the frontman for the soul-pop band Fitz and the Tantrums. The band's debut LP, Pickin' Up the Pieces, hit number one on the Billboard Heatseekers chart in 2010.
ProfessionSoul Singer
Date of Birth21 July 1970
CityMontlucon, France
focus focused fourth shift supply today versus
We shift back and fourth between a focus on supply versus the world situation. Today we are focused on supply because of tomorrow's report.
brought conditions higher levels move numbers pattern report resume until waiting
We are in a waiting pattern until the numbers are released. The conditions that brought us to these levels remain, so we may resume our move higher once the report is digested.
likelihood panic possible worst yesterday
There was a lot of panic yesterday as we all thought about the worst possible scenarios. The likelihood is that the worst won't occur.
both comments existing iran market production roll simply thinks
Apparently, the market thinks that OPEC is set to simply roll over the existing production quota in the upcoming meeting. Even so, there will probably be provocative comments from both Iran and Venezuela.
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The weekly inventory numbers caught the market by surprise again. The unanimous UN decision demanding Iran stop nuclear enrichment probably rekindled concern that Iran will use oil as a political weapon.
dent next weather week
The weather will be more seasonal over the next week but it will take much more than that to put a dent in supplies.
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The weather is cooperating and helping us replenish supplies. The speculative frenzy that followed the hurricanes has cooled down. Lower refinery operating rates have led to rising crude-oil stocks as products have arrived from elsewhere.
consuming cool expected gas key later mild next northeast start week
After a mild start to the week, temperatures in the Northeast and Midwest, key gas consuming markets, were expected to cool to below-normal later this week and next week.
apparently growing prices seriously turn
It is apparently going to take more than growing inventories to turn prices seriously lower.
ate began hot large last reserves soon summer surplus thereafter unusually year
Last year began with a large surplus but an unusually hot summer ate up those reserves and soon thereafter the hurricanes hit. There is still some infrastructure that was damaged, which could be a problem.
cut driving heat lead oil soon
Repairs are proceeding apace. Discretionary driving can be cut back but you have got to heat your house. Heating oil will soon lead the market.
absent dispute high moderate moving nuclear prices program relatively supplies week
Relatively moderate weather, ample supplies and an escalation in the dispute over Iran's nuclear program should make for another week of high volatility. Absent geopolitical uncertainty, prices should be moving lower.
army fast flowers gun iran market might nigerian stock worried
If the stock market were not making five- and six-year highs, Iran and the U.S. were fast friends and the Nigerian militants were stuffing flowers in the gun muzzles of the Nigerian army -- then we might be worried about a reversal, but not now.
bargaining exports minister oil
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.