Cold Weather And Short-Term Crude Prices
By Paul Ausick of 24/7 Wall St. Unusually cold weather in many parts of the globe is threatening industrial production, crops and home heating. Demand for heating oil has contributed to a jump in crude prices to near $84/barrel, the…
Unusually cold weather in many parts of the globe is threatening industrial production, crops and home heating. Demand for heating oil has contributed to a jump in crude prices to near $84/barrel, the highest price for crude oil since October 2008.
In the U.K., the country’s natural gas distribution company has asked nearly 100 industrial users to switch to another fuel as the country tries to maintain supplies to home heating customers. The companies asked to stop using natural gas had all signed interruptible contracts with National Grid, so presumably they are prepared to continue operations using alternative fuels.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
