Quotations
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Phil Flynn Quotes
«Of course 2005 was an incredible year for energy.»
Author: Phil Flynn
«More than anything, we're looking at profit-taking after a huge up-week.»
Author: Phil Flynn
«Russia has proven it will use energy as a weapon and try to hold countries hostage to their political strong-arm tactics.»
Author: Phil Flynn
«Technically the market is looking good. The strong economic data and the Russia-Ukraine situation was enough to motivate the market higher.»
Author: Phil Flynn
«Worries about the weather are so last year. Now the focus is turning to tight gasoline supplies. The market has priced in a mild winter so if we do get change to cold, the reaction will be explosive.»
Author: Phil Flynn
«Momentum has switched to the bulls because of the tight gasoline supply situation. Supplies still trail year-ago levels.»
Author: Phil Flynn
«Iran and Nigeria are raising the stakes for oil traders as the risk premium on oil has now gone to the highest levels in quite awhile. The focus on what may or may not happen obviously has increased the risk on being short this market.»
Author: Phil Flynn
«Iranian oil exports are in jeopardy. This is the most serious threat to the world's oil production since the hurricanes this past summer.»
Author: Phil Flynn
«They failed to take out $67 a barrel, and it led to a bit of pre-report profit-taking.»
Author: Phil Flynn
«With Iran, Nigeria and now the bin Laden tape, it definitely increases the risk to be long on oil.»
Author: Phil Flynn