Demand for gas is outstripping expectations and the question is how storage will fare as it appears we will be drawing on it much earlier than normal.
More Quotes from Phil Flynn:
There are a lot of risks and a lot of things that could go wrong with this year's summer driving season that we've never really experienced before.Phil Flynn
Of course doing nothing must be bullish as oil continues to head higher.
Phil Flynn
Yesterday was a mad rush, and today, cooler heads are prevailing a little bit. Obviously the market is extremely concerned about potential of Rita to cause damage, but she hasn't caused any yet.
Phil Flynn
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.
Phil Flynn
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.
Phil Flynn
If that happens, it's going to be a challenge to meet oil demand in this country.
Phil Flynn
Readers Who Like This Quotation Also Like:
Based on Keywords: outstrippingA man of courage never needs weapons, but he may need bail.
Lewis Mumford
I hate the cursed Oriole fundamentals... I've been doing them since 1964. I do them in my sleep. I hate spring training.
Jim Palmer
We advance on our journey only when we face our goal, when we are confident and believe we are going to win out.
Orison Swett Marden