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.
More Quotes from 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
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
It's not necessarily a good thing to have a build in crude. It means refineries did not get up and running as quickly as hoped. It's a disturbing trend heading into winter.
Phil Flynn
The big question is how long the demand destruction will last. If it is short we could be back to all- time high prices by the end of the year.
Phil Flynn
We're going to see a little bit of early demand. The market's biggest fear is that we'll get an early, cold winter.
Phil Flynn
The government is trying to relieve this crisis but there is little they can do. I don't think that crude-oil production will be close to pre-storm levels until December.
Phil Flynn
Readers Who Like This Quotation Also Like:
Based on Topics: Time QuotesThe workers have nothing to gain from this war, but they stand to lose everything that is dear to them.
Clara Zetkin
The crafty person is always in danger; and when they think they walk in the dark, all their pretenses are transparent.
John Tillotson
Chance is a word void of sense; nothing can exist without a cause.
Voltaire