Michael Fitzpatrick Quotes

We are starting to see a change in consumer behavior. Consumers are cutting back because of high prices, rising interest rates and signs that the housing bubble is ending. Prices have probably begun the long steady process of grinding lower.

- Michael Fitzpatrick

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Starting | Change | Consumer | Behavior | Consumers |

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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. - Michael Fitzpatrick

While Iran seems to be going back and forth on the use of oil as a political weapon, that issue will probably remain in the forefront for the near term, at least. - Michael Fitzpatrick

This is a continuation of Friday's rally. We should continue to creep higher because there are potential threats to supply. - Michael Fitzpatrick