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Letter "J" » Jason Schenker Quotes
«If energy price increases do not prove to be a transitory blip, inflationary fears are likely to increase and Fed hikes are likely to continue,»
«It's tough to blame (OPEC) for higher oil prices. I think they're doing what they can,»
«Potentially, Katrina could signal the death knell of the SUV in as much as consumers are going to find themselves once burned, twice shy to buy such vehicles,»
«The bigger question is does OPEC have excess capacity that it can tap into in the longer-term, ... It appears they're unlikely to raise their quotas, and that's not going to assuage market concerns about their capacity.»
«Near-term energy price spikes, ubiquitous gasoline lines and fear of shortages have exposed the soft underbelly of the U.S. energy complex,»
«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.»
«We have to wait for the refineries to come back on line, which will take a couple weeks. We're hearing a lot about the importance of getting the power going, but that isn't the only problem we will have reopening the refineries. Homes throughout the region are destroyed and workers need someplace to live.»
«Potentially, Katrina could signal the death knell of the SUV in as much as consumers are going to find themselves once burned, twice shy to buy such vehicles.»
«OPEC's statements and quota decision announced at the beginning of next week could exert a somewhat bearish impact on prices.»