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...
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.
appears demand drawing earlier fare gas question storage
Demand for gas is outstripping expectations and the question is how storage will fare as it appears we will be drawing on it much earlier than normal.
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.
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.
challenge demand meet oil
If that happens, it's going to be a challenge to meet oil demand in this country.
disruption forth labor movement nigeria prolonged seeing straight strong tendency three
You're seeing some back and forth movement because after three straight up days, there's a strong tendency to take profits. But any prolonged labor disruption in Nigeria would be devastating.
cents currently gas high prices spike
If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible.
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.
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.
economic numbers oil weather
From an economic viewpoint, these numbers were encouraging. Especially encouraging were the distillate numbers ... We're going to have enough oil to weather the storm.
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.
course incredible year
Of course 2005 was an incredible year for energy.
gets market seems sensitive storm
It seems like every storm we get, the market gets more sensitive to it.
continue good looks saw stock strong
These are very strong numbers. This is very good for the stock market. We saw it rally. It looks like it will continue to do so.