Phil Flynn
Phil Flynn
Philip "Phil" Flynnis an Irish businessman. He was previously a vice-president of Sinn Féin, a trade unionist, an industrial relations consultant, a government advisor and a financier. He was the eldest of five children of a nationalist mother and Fine Gael father...
calm category head hit impact katrina knock markets shutting terms three worse
If you knock out two to three refineries with a category 4 or a category 5, and you hit them head on, you'll feel the impact immediately, and it would a while before the markets calm down. The impact of this could be worse than Katrina in terms of shutting down refineries.
burying dramatic expensive looking nuts squirrel unless winter year
This year the squirrel isn't burying any nuts and we're going into the winter on fumes. Unless something dramatic happens, we're looking at a very expensive winter.
crude early feeling heat huge last people record shows spike vulnerable week
We had a big spike early last week with crude at a record and the heat in Texas. It shows that even with this huge supply, people are still feeling pretty vulnerable about things like heat and hurricanes.
looks signs starting worst
We are starting to see signs of recovery. It looks like the worst is over.
afford lose
We really can't afford to lose more production.
confidence correction good industry oil shows
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.
fallen low momentum question quickly recent
The question is where do we go from here? We've fallen so quickly in recent sessions, will there still be momentum to go down to the low $50s?
challenge demand meet oil
If that happens, it's going to be a challenge to meet oil demand in this country.
relief saw trend woods yesterday
We are not completely out of the woods yet, but we saw a lot of relief yesterday (Tuesday) and that trend is continuing,
demand exactly heading high though
We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied.
driving focus issues season
We have significant issues with gasoline, and this will come more into focus as the driving season approaches.
close demand due high might point seen sign
We really don't know the number. We're probably getting close to a point where we might find out. We haven't seen any sign that demand is faltering due to these high prices.
appears history prices rally steam trying
OPEC has a history of trying to jawbone the market. It appears OPEC is trying to take a little steam out of the rally and keep prices under control.
fondly paid
We may look back at the day fondly when we paid $3 a gallon.