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
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Mild weather is supposed to continue across most of the northern third of the country until next week, .
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Mild weather and growing stockpiles can't be ignored much longer.
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Milder weather forecasts for this week and extraordinarily high stockpiles continued to weigh on sentiment.
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Only if the news from the around the globe remains quiet will selling continue in earnest.
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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.
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The surprising fall in gasoline stocks and the approach of the cold are sending us higher. Also, imports contracted and gasoline demand rose.
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Prices have retreated unusually fast and there is still two months left for the thermometer to drop.
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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.
apparent consensus crude held
Crude is being held back by the apparent consensus that OPEC will keep pumping.
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Temperatures in the Northeast and Midwest were expected to remain above normal for the next 10 days.
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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.
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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.
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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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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.