Jason Schenker Quotes

Given OPEC's decision to keep quotas unchanged, Iranian guarantees of oil supply and U.S. statements excluding the possibility of oil sanctions, crude is poised to fall next week. - Jason Schenker

Geopolitical power is moving from energy consuming countries to the producers. We may see more of these supply shocks in the years ahead. - Jason Schenker

For the moment, however, we stand by our 5 percent forecast to be achieved by the May [Fed policy] meeting. - Jason Schenker

For at least a couple of months. - Jason Schenker

Energy shares took a hit today as crude prices eased. The drag in energy shares, combined with end-of-year low volume, is bringing volatility to the stock markets. - Jason Schenker

Despite the news of escalation, I think the market does not believe it's going to have a real impact on supplies. - Jason Schenker

Despite high energy prices, consumer spending will hold up relatively well. Consumer behavior is not changing a lot. - Jason Schenker

At this point, at these prices we're not likely to see a cut. Politically that is not feasible. - Jason Schenker

American drivers have the capacity to handle higher fuel costs. With the economy in good shape, it is tough to believe people will stop driving because of an extra 50 or 75 cents per gallon. - Jason Schenker

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