Phil Flynn Quotes on Summer (6 Quotes)

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.

You're not going to worry too much about supplies. You're going into the summer season with record storage.

The market is reacting to new threats out of Nigeria and some strike rumors in Europe. But for this time of the year, this is nothing new. As we approach the summer driving season we tend to play out the worst case scenarios in our heads.

I think this price move has been justified. Demand in the world will probably hit the highest level in 30 years this summer.

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.

So far the cooler weather hasn't put more pressure on the supply, but a hot scorching summer could definitely push prices higher.