Quotations
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Phil Flynn Quotes
«There are a lot of people that were disturbed with this week's energy numbers. There seems to be a lot of concern that the combination of the geopolitical issues, as well as refining issues, are enough reason not to abandon the long side of this market just yet.»
Author: Phil Flynn
«Fear continues to grow with all the many risks to production around the globe.»
Author: Phil Flynn
«There is a lot of incompetence in the government and in the oil companies. There is a clashing of heads.»
Author: Phil Flynn
«We had a big spike early last week with crude at a record and the heat in Texas. It shows that even with this huge supply, people are still feeling pretty vulnerable about things like heat and hurricanes.»
Author: Phil Flynn
«We really don't know the number. We're probably getting close to a point where we might find out. We haven't seen any sign that demand is faltering due to these high prices.»
Author: Phil Flynn
«If we calm down after Memorial Day, which I think there's a strong possibility we can, prices will settle back down. If we stabilize in the low to mid-70s, I think the economy is going to fare just fine.»
Author: Phil Flynn
«The first round of serious profit taking may signal oil and gasoline prices might have finally hit its short term peak.»
Author: Phil Flynn
«Just as every media outlet is talking about $4-a-gallon gasoline and the politicians are talking investigations and taxes, the futures market is signaling that the worst may be over.»
Author: Phil Flynn
«What the numbers are telling us, with refinery runs going up by a big margin, is that it seems refineries are turning the corner and the worst fears anticipated before the release of the data have been somewhat muted.»
Author: Phil Flynn
«The Bush administration is going to try to do anything it can, even if it's a psychological gesture to the market.»
Author: Phil Flynn