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More - Jason Schenker Quotes

Next week is a huge week for data, and it is likely to show continued economic growth and inflation well under control. - Jason Schenker Quotes

Next week is a huge week for data, and it is likely to show continued economic growth and inflation well under control.

With the year-on-year deficit in gasoline and with economic growth it is hard to be bearish about energy in the short or medium term. The manufacturing and retail numbers, the regional and national numbers, wherever you look they are positive. The same goes for overseas. - Jason Schenker Quotes

With the year-on-year deficit in gasoline and with economic growth it is hard to be bearish about energy in the short or medium term. The manufacturing and retail numbers, the regional and national numbers, wherever you look they are positive. The same goes for overseas.

Strong levels of unfilled orders imply a strong U.S. economy and implicitly indicate more manufacturing in the pipelines. Clearly, the industrial sector is likely to remain strong in the near- and medium-term. - Jason Schenker Quotes

Strong levels of unfilled orders imply a strong U.S. economy and implicitly indicate more manufacturing in the pipelines. Clearly, the industrial sector is likely to remain strong in the near- and medium-term.

What we're seeing is a lot stronger numbers than were anticipated, also with an upward revision in August and July. All of this bodes well for the economy and shows perhaps the economy was not as severely affected by the hurricanes as initially anticipated. - Jason Schenker Quotes

What we're seeing is a lot stronger numbers than were anticipated, also with an upward revision in August and July. All of this bodes well for the economy and shows perhaps the economy was not as severely affected by the hurricanes as initially anticipated.

A correction seems likely if we don't see a further intensifying of the geopolitical crisis. There will have to be further headlines for prices to move higher. - Jason Schenker Quotes

A correction seems likely if we don't see a further intensifying of the geopolitical crisis. There will have to be further headlines for prices to move higher.

The crack spread of gasoline has collapsed, and only an escalation of Iranian tensions could buttress crude at this level. - Jason Schenker Quotes

The crack spread of gasoline has collapsed, and only an escalation of Iranian tensions could buttress crude at this level.

The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are offline and can't run the extra oil, it will make no difference. - Jason Schenker Quotes

The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are offline and can't run the extra oil, it will make no difference.

The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are off line and can't run the extra oil, it will make no difference. - Jason Schenker Quotes

The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are off line and can't run the extra oil, it will make no difference.

A further deterioration of the situation in Nigeria, or escalation of nuclear brinkmanship with the Iranians, could push the (New York) price of crude further to 70 dollars. - Jason Schenker Quotes

A further deterioration of the situation in Nigeria, or escalation of nuclear brinkmanship with the Iranians, could push the (New York) price of crude further to 70 dollars.

In the short run, people's consumption is essentially fixed for gasoline. The biggest evidence of this is despite the fact we've got prices at $3, $4 or $5 a gallon, we've got consumers lining up to pay for it. - Jason Schenker Quotes

In the short run, people's consumption is essentially fixed for gasoline. The biggest evidence of this is despite the fact we've got prices at $3, $4 or $5 a gallon, we've got consumers lining up to pay for it.

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