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Podcast: MoneyShow MoneyMasters Podcast
Episode: Phil Flynn: Mideast Turmoil, Tight Supply, EVs, & Why “Fossil Fuels are Here to Stay”
Description: Phil Flynn is Senior Energy Analyst for the PRICE Futures Group and Fox Business Network. In this interview, he explains why global oil supplies are “tighter than they’ve been probably in my lifetime” and how “there’s a huge risk that if things go wrong in the Middle East, [energy prices] could go a LOT higher.” Specifically, Phil says the big risk in the wake of the attack on Israel is that the conflict broadens out to include Iran – and that consuming countries respond by slapping an embargo on Iranian oil supplies. While Phil believes the US has a “shield” in the f...