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Letter "P" » Phil Flynn Quotes
«You worry about the oil that's going to feed that spurt.»
«This report overall was not a big surprise.»
«Demand for gas is outstripping expectations and the question is how storage will fare as it appears we will be drawing on it much earlier than normal.»
«Forecasts for mild weather have brought the market down and with the holidays ahead, the market will move along the path of least resistance here.»
«The exceptionally cold temperatures at the beginning of December have been replaced by a mild spell at the end of the year that pushes the price of energy down in a period of low trading volume.»
«We have significant issues with gasoline, and this will come more into focus as the driving season approaches.»
«The strength in gasoline is supporting crude oil. It is a little early to be concerned about gasoline, but supplies have continued to trail year-ago levels week after week. Supplies are tight even with the high production rate and imports.»
«And that realization is making these types of events the defining issue as we look at the energy markets in 2006.»
«We seemed to see some flight-to-quality buying in the bonds and gold, which seems to indicate traders' uneasiness with the (Iran) situation.»
«Everyone had this perception natural gas was cheap and plentiful. It was a market you could set your watch by. It would run up in the winter and down in the summer. It was a very quiet little market.»