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...
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,
build disturbing good heading means quickly running trend
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.
ahead gasoline oil products seeing
We're seeing a lot of profit-taking in products - heating oil and gasoline - ahead of the weekend.
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.
bullish continues course head oil
Of course doing nothing must be bullish as oil continues to head higher.
course incredible year
Of course 2005 was an incredible year for energy.
demand economy high hurt maybe means people plus supplies tight
Maybe the economy is not hurt as much as people feared. Tight supplies plus more demand means high prices.
cooler definitely far hot pressure prices push summer weather
So far the cooler weather hasn't put more pressure on the supply, but a hot scorching summer could definitely push prices higher.
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.
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.
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.
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.
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.