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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
RON INSANA, CNBC ANCHOR: All right, let`s bring in Phil Flynn now, the V.P. and senior market analyst at Alaron Trading to talk more about this run-up.
And Phil, it wasn`t just in crude oil. Natural gas, at one point today, was over $10 per British thermal unit. We have seen gasoline and all the energy products really take off like a shot today. What does this tell us about the character of this bull market in energy?
PHIL FLYNN, VICE PRESIDENT/SENIOR MARKET ANALYST, ALARON TRADING: What it tells you is I should be wearing dark sunglasses because this is a market that`s on a mission. I think crude`s headed towards -- headed towards $70 a barrel, probably not stopping. We could see natural gas get as high as 13. This is has been a whole confluence of factors. And like Melissa said, that last half hour of trading was just absolutely crazy.
Now, we did have a heck of...
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