Posts Tagged ‘energy prices’

Why $3 gasoline is good

Tuesday, July 31st, 2007

To anyone following energy market analysis in recent years it is not a shock that high profile Alaron energy analyst Phil Flynn is bullish the complex. In a commodity market panel sponsored by Dow Jones Indexes and AIG Financial Products on Tuesday, Flynn gave his assessment on the energy complex and explained why the explosive rise in energy prices was not a bad thing as it signaled global economic growth.

While perhaps a tough pill to swallow, Flynn’s analysis makes sense and has been born out as rising energy prices has not sent the economy into a tailspin as some have feared.

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