Phil Flynn Quotes

With less than 2.0 million barrels of spare production capacity, even with higher-than-average supply of oil, the margin of error in the world oil market has never been thinner. And with worries about possible supply disruptions in Iran, Nigeria and Venezuela and another hurricane season ahead of us, traders are betting that it's likely something is going to go wrong. - Phil Flynn

With Iran, Nigeria and now the bin Laden tape, it definitely increases the risk to be long on oil. - Phil Flynn

With another blast of cold weather headed to us this week, we may have seen the lows (in crude prices). - Phil Flynn

When you put that all together, I think we may have weathered this storm... But another hurricane would be nerve-wracking. - Phil Flynn

When we consider Iran, Nigeria and now the tape from Bin Laden, the terror premium must be put back into the price. - Phil Flynn

We've got the highest level of inventory since 1999. That's great except that we have a different world than 1999. - Phil Flynn

We've found that the experiences of small business owners generally mirror those of mid-sized companies and of large multinationals in that the rising cost of providing heath care to their employees is becoming prohibitively expensive. Overall though, California's small business owners paint an optimistic picture for 2006 about business conditions, the economy and their ability to handle persistent issues with the high cost of benefits. - Phil Flynn

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