Jason Schenker Quotes


You've got minimal demand coming from either heating or cooling, and as a result, you start to get bigger builds. - Jason Schenker


You've got (U.S.) supplies coming from a lot of places: more imports, more refinery capacity and more production from the Gulf of Mexico, and that's pulling down prices in the short term. - Jason Schenker


You could still see some downward price moves if the Iranian situation just fades from view. If it fades from the headlines you could see oil prices move down several dollars. - Jason Schenker


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


With gasoline futures at records a nationwide average of $3 at the pump is likely in the near-term. - Jason Schenker


Whether we hit it today or next week, I don't really think hitting $50 is going to give us a downturn. - Jason Schenker


We've recently seen a series of minor conflagrations in Nigeria, which are resolved swiftly. The headlines raise awareness in the market but the price rises soon fade. - Jason Schenker


We're seeing range trading in all of the energy contracts. The big question is whether this is the bottom or if we will go lower. In the short-term the inventory numbers and the weather will determine what we do. - Jason Schenker


We're not even in the peak driving season. Imagine what it'll be like the Fourth of July weekend, or even Memorial Day. - Jason Schenker


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