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...
forecasts given market saying supplies thinking though traders turning winter
Even though the forecasts are turning colder, traders are already thinking about spring. The market is saying we think the winter is pretty much over given the supplies that we have.
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.
bin consider nigeria premium tape terror
When we consider Iran, Nigeria and now the tape from Bin Laden, the terror premium must be put back into the price.
ahead gasoline oil products seeing
We're seeing a lot of profit-taking in products - heating oil and gasoline - ahead of the weekend.
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.
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.
coming expense gallon gasoline good job problem products
Refineries are squeezing out every gallon of gasoline possible, and they?re doing a good job of it. The problem is, it?s coming at the expense of the other products like heating oil.
capacity countries demand extra growing lack matter moves point spare
It doesn't matter what moves OPEC makes as long as demand is growing like this, ... There will come a point when no matter how much those countries produce, there won't be extra ... and they lack the spare capacity as it is.
air cause cloud continue endless extreme feeling fresh maybe oil power profits russia seems stream venezuela
Maybe Iran, Venezuela and Russia need to get some fresh air as the fumes from their oil profits continue to cloud their better judgment. Oil power intoxication with an endless stream of oil profits seems to cause a feeling of extreme and all-encompassing power.
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.
tried yesterday
Yesterday we had the big sell-off and we tried to come back a little bit.
enjoy gasoline higher prices saw
You are going to see gasoline prices higher than you saw with Katrina, ... Enjoy the prices that you have while you can.
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 report
After the report tomorrow, demand will come back with a vengeance.