Mike Fitzpatrick
Mike Fitzpatrick
Michael G. "Mike" Fitzpatrickis an American politician and member of the Republican Party who serves as the U.S. Representative for Pennsylvania's 8th congressional district. He was first elected to Congress in 2004 and represented the district for from 2005 to 2007, but he was defeated by Democrat Patrick Murphy in 2006. He declined to seek a rematch with Murphy in 2008 but ran again in 2010, defeating Murphy and reclaiming the seat. He was re-elected in 2012 and 2014. A...
NationalityAmerican
ProfessionPolitician
Date of Birth28 June 1963
CountryUnited States of America
A lot of this is 'just in case' buying.
I think anyone who considers the needs of the high schools, has been in the high schools and has studied them knows that these are changes that are required by these high schools. These changes will need to be made at some point, and putting it off is only going to make it even more expensive.
I think it's the weight of the swelling inventories. And the geopolitical stuff has cooled off a little bit, but it's just in the background.
It is not surprising that prices are retreating.
Participants will need to see a sustained bout of cold before they can anticipate enough demand to start bidding up prices.
Our maritime system consists of more than 300 sea and river ports with more than 3,700 cargo and passenger terminals nationwide.
Looking at the continuation charts necessarily produces a conclusion that heating oil and crude face strong support points that will require some new item of fundamental import to enable a breakdown. If prices were under such monumental pressure then the November lows would certainly have been broken.
I supply some of the top restaurants on the coast, and I enjoy having the opportunity to buy seafood products from myself. It's not like I would never sell fish to them.
I just think this is a natural progression that is going to bring us ever higher. Concerns about Nigeria are still going on, Iran is still going on; pick your woe, and it's still going on.
The rest of the market, gasoline and heating oil, is carrying crude at the moment, and the data on the crude stock draw also helped,
Because of China, oil is never going to go to the $18 to $22 level again in our lifetime. But it certainly doesn't have to be $60.
All the elements that brought us higher over the past two years are still with us.
The market has been kind of playing Russian roulette with the weather, ... If the weather stays mild and continues to cooperate, $55 to $56 a barrel is probably reasonable.
Terrorists have already attacked our Nation once. There is every reason to believe that they will try again - possibly with a weapon of mass destruction; a weapon that could be smuggled into our ports.