Phil Flynn Quotes on Energy (4 Quotes)


    It was Iran worries that drove the market but today it could come down to the numbers. The Department of Energy report may actually be the deciding factor as to whether or not these price levels are justified at this time or whether or not the market has one less worry.

    Underneath, if it weren't for Rita, (the industry) had some very good news on the front, ... If Rita doesn't live up to her billing, we possibly could see a nice correction in energy prices.

    It still seems the threat of losing Iranian oil is a far out issue. Today it appears traders are preparing for what could be a bearish Department of Energy weekly supply report.

    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.


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