Iran's restarting of its uranium enrichment program was a slap in the face to Europe, which has tried to negotiate a reasonable outcome to this threat to the world -- only to have Iran shove it right back it their face.
More Quotes from 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
There is still a lot of concern about how bad the damage is in the Gulf of Mexico. It will be an incredible achievement if we can avoid fuel shortages this winter.
Phil Flynn
Fears are escalating that if at this rate refineries don't get back online quickly, then gasoline supplies which are currently above normal will fall to below normal.
Phil Flynn
There's so much that could go wrong right now. This is the scariest time we've seen in oil in a long period of time.
Phil Flynn
This really shows how OPEC has lost control over this market,
Phil Flynn
It's going to get pretty ugly. It's ugly already. We're going to hit 3 a gallon nationwide.... That's the number that I'm hoping that we're going to stop at.
Phil Flynn
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You may be surprised to discover you're rich, especially if you're broke.
P. J. ORourke
I will not take "but" for an answer.
Langston Hughes
Always be sincere, even if you don't mean it.
Harry S. Truman