Storage was the reason gas went from 15 per million British thermal units to 8. If we have a warmer-than-normal February we're going to end the winter at all-time record high storage.
More Quotes from Phil Flynn:
A Bush victory will be big for oil demand and keep prices high, ... Not only will the SPR be filled but I think they may expand it.Phil Flynn
You worry about the oil that's going to feed that spurt.
Phil Flynn
Oil seems to be disappearing from the marketplace and my theory is that the U. S. is adding to its strategic oil reserves with the intention of releasing it during an attack on Iraq,
Phil Flynn
If that happens, it's going to be a challenge to meet oil demand in this country.
Phil Flynn
This is a market with no clear conviction, ... You could blow on this market and move it either way.
Phil Flynn
The market doesn't seem to want to go below 60 a barrel and it's having a hard time going above 70 a barrel. The question is, which way do we break out
Phil Flynn
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Based on Topics: Reasoning Quotes, Winter QuotesBased on Keywords: thermal, warmer-than-normal
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He is every other inch a gentleman.
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