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Letter "P" » Phil Flynn Quotes
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«Even though the overall number looked good, a lot of the supply was on the West Coast.»
Author: Phil Flynn
«It reminds us how reliant we are on imports, and with the geopolitical climate and tropical storms, we could not afford to be down for any extended period of time to meet demand.»
Author: Phil Flynn
«Buy the rumor, sell the fact.»
Author: Phil Flynn
«If you knock out two to three refineries with a category 4 or a category 5, and you hit them head on, you'll feel the impact immediately, and it would a while before the markets calm down. The impact of this could be worse than Katrina in terms of shutting down refineries.»
Author: Phil Flynn
«We're going to see a little bit of early demand. The market's biggest fear is that we'll get an early, cold winter.»
Author: Phil Flynn
«The big question is how long the demand destruction will last. If it is short we could be back to all- time high prices by the end of the year.»
Author: Phil Flynn
«The decline in demand should be short-lived. It will be a race between supply and demand. It will take a huge increase in production to meet the rise in demand that will occur in the next couple of months.»
Author: Phil Flynn
«These are very strong numbers. This is very good for the stock market. We saw it rally. It looks like it will continue to do so.»
Author: Phil Flynn
«The inability to follow through yesterday and break through $58 makes it likely that we are close to the bottom.»
Author: Phil Flynn
«We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied.»
Author: Phil Flynn
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