Phil Flynn Quotes
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Economy | Strong | Prices | Gradually | Higher |
Today was a golden opportunity to sell off... One would think that, with Katrina going off in a different direction, the market would, too. But it didn't.
- Phil Flynn
To just focus on supply inventories, which we are constantly reminded are at an eight-year high, doesn't really take into account the complexities that face the world oil market. Eight years ago, we did not have to compete with China demand for oil. Eight years ago, the world had three times, if not more, spare production capacity than we do today.
- Phil Flynn