240 ordspråk av Phil Flynn

Phil Flynn

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We still have had a pretty good correction from the peak. It shows that there's a lot of confidence in the oil industry and the economy.

We will be following the day-to-day developments of the Iranian situation. Oil prices will be supported until there is a resolution of the Iran nuclear standoff.

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.

We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied.

We're one headline away from being at 80 bucks. That's the problem with this market. You can't get a break.

We're seeing a lot of profit-taking in products - heating oil and gasoline - ahead of the weekend.

We're seeing crude build up in the U.S. thanks to imports, rather than having to get help from our strategic petroleum reserves, and that's very encouraging.

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.

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.

We've come down a lot in a short time in large part in anticipation to yesterday's inventory reports. This has been a big correction, falling to the low $60s from $69 last week, which suggests the market has gotten ahead of itself.

We've found that the experiences of small business owners generally mirror those of mid-sized companies and of large multinationals in that the rising cost of providing heath care to their employees is becoming prohibitively expensive. Overall though, California's small business owners paint an optimistic picture for 2006 about business conditions, the economy and their ability to handle persistent issues with the high cost of benefits.

We've gone away from worrying about supply and are concerned that demand may be stronger than anticipated if we get an early winter and stay cold through March.

We've got the highest level of inventory since 1999. That's great except that we have a different world than 1999.

What the numbers are telling us, with refinery runs going up by a big margin, is that it seems refineries are turning the corner and the worst fears anticipated before the release of the data have been somewhat muted.

When energy costs go up, the bills go up for consumers and it cuts into their discretionary spending. Consumers spend less on things like clothes and shoes. If gas prices escalate, that has the same effect. So retailers suffer as well.

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