Jason Schenker Quotes

Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning; the winter oil bull run has begun.

- Jason Schenker

Tags

Massive | Inventory | Declines | Crude | Part |

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Typically this time of year, we seek to build inventories. This is going to put us behind the eight ball going into the winter. - Jason Schenker

I don't think the energy prices that have only gone up since this report are some transitory aberration. - 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