240 ordspråk av Phil Flynn

Phil Flynn

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 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.

 Last week it was 'buy the rumor, sell the fact' with all the conflict in Iraq. I think we're getting closer to the top, barring any catastrophes, with oil in the $38-$42 a barrel range over the summer.

 Let's hope we don't have a cold winter, because if we do, I think these price projections are going to be low,

 Likely at that [$2.80] point, people are going to adjust to those prices, and then [prices] are going to hedge up a little.

 Maybe Iran, Venezuela and Russia need to get some fresh air as the fumes from their oil profits continue to cloud their better judgment. Oil power intoxication with an endless stream of oil profits seems to cause a feeling of extreme and all-encompassing power.

 Maybe the economy is not hurt as much as people feared. Tight supplies plus more demand means high prices.

 Metals continue to move higher basically on the anticipation of strong demand.

 Momentum has switched to the bulls because of the tight gasoline supply situation. Supplies still trail year-ago levels.

 More than anything, we're looking at profit-taking after a huge up-week.

 Natural gas has been more impacted by weather than ever before because of strong non-heat-related demand, lost production and pipeline shutdowns in the Gulf of Mexico.

 Natural gas just collapsed because traders don't seem to think it will turn very cold.

 Nothing like a little psychological warfare to get the blood moving.

 Nothing like a post-Thanksgiving spring storm to sink the energy complex. The warmer-than-normal temperatures are raising hopes that this winter will continue on the warmer than normal side.

 Now that we've really had some cold weather, the numbers have changed the [market's] downward momentum and revived fears about winter fuel.

 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.


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