Nothing like a little psychological warfare to get the blood moving.
More Quotes from Phil Flynn:
We may end up with more crude and heating oil than we would have without Katrina. There are a lot of imports on their way and production may be close to normal by the end of the year. In two weeks there may be a flood of imports as the IEA barrels reach us.Phil Flynn
If you are in the market for natural gas, you will really have big issues here if it (Rita) shuts down production for any extended period of time,
Phil Flynn
There's a strong demand for gasoline and that's part of what's driving the market today.
Phil Flynn
So far the cooler weather hasn't put more pressure on the supply, but a hot scorching summer could definitely push prices higher.
Phil Flynn
February seems to be a month that is focused on large energy supply, but little concern with the world around us.
Phil Flynn
You're seeing some back and forth movement because after three straight up days, there's a strong tendency to take profits. But any prolonged labor disruption in Nigeria would be devastating.
Phil Flynn
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