Jason Schenker Quotes

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

- Jason Schenker

Tags

High | Energy | Prices | Consumer | Spending |

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A couple of weeks ago we saw prices were moving toward $70 again. This is a very volatile marketplace but I think on the whole we are likely to see the average price this year higher than last year. - Jason Schenker

In terms of expectations, the crude build was a bit of a surprise. In theory, it should be mildly more bearish but right now with distillates it is the cold weather. - Jason Schenker

It's tough to blame (OPEC) for higher oil prices. I think they're doing what they can. - Jason Schenker