Quotations
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Phil Flynn Quotes
«When we consider Iran, Nigeria and now the tape from Bin Laden, the terror premium must be put back into the price.»
Author: Phil Flynn
«There is still a lot of concern about how bad the damage is in the Gulf of Mexico. It will be an incredible achievement if we can avoid fuel shortages this winter,»
Author: Phil Flynn
«We're seeing the unwinding of the heating oil, gasoline spread, ... Traders were buying heating oil and selling gasoline, and producers saw this and kicked up distillate production.»
Author: Phil Flynn
«It will be a very short-term psychological impact, ... In the past this oil card has backfired.»
Author: Phil Flynn
«There's this feeling that OPEC will make good on its promise to cut output by April,»
Author: Phil Flynn
«This is a triple whammy, ... The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.»
Author: Phil Flynn
«The build up in crude could indicate the fall in distillate fuel has finally bottomed out,»
Author: Phil Flynn
«A Bush victory will be big for oil demand and keep prices high, ... Not only will the SPR be filled but I think they may expand it.»
Author: Phil Flynn
«Now we need continued warm weather to keep up this downward trend, ... And we should look to OPEC now, too. They're getting whacked on the dollar, and the price of crude is falling. If they decide to cut production, we'll be right back at square one.»
Author: Phil Flynn
«The market thought that, with extremely warm temperatures in the Northeast and refiners pumping near capacity, heating oil supplies would go through the roof,»
Author: Phil Flynn