John Catsimatidis: “With oil nearly at $84 this morning, we are going to see $100 oil, it looks like, there’s no sign of it stopping,” Catsimatidis: Food prices are going up very fast because nobody wants to be behind the curve, and everyone is raising prices With oil prices rallying in recent weeks, it looks like we are going to see $100 a barrel oil, John Catsimatidis, who is active in both the oil and food business, told FOX Business on Monday. “With oil nearly at $84 this morning, we are going to see $100 oil, it looks like, there’s no sign of it stopping,” said Catsimatidis, who is chief executive of United Refining Company, and president and CEO of Gristedes, D’Agostino Foods, and the Red Apple Group. “Food prices are going up tremendously,” Catsimatidis told FOX Business. Food prices are going up very fast because nobody wants to […]