Truth be told, by the government's own study, this would have a minimal impact on price, decades in the future.
More Quotes from Jason Schenker:
OPEC's statements and quota decision announced at the beginning of next week could exert a somewhat bearish impact on prices.Jason Schenker
We're looking at some positive expansion, solid growth in jobs and in general economic growth, and that's something we see continuing.
Jason Schenker
After a couple of months of overestimating, we redid our modeling. We hope this more accurately captures what's going on in the market place.
Jason Schenker
Supplies are pretty lush. Once this report is digested we should see a big decline in prices. The geopolitical concern and economic growth are still there in the background supporting prices.
Jason Schenker
Next week is a huge week for data, and it is likely to show continued economic growth and inflation well under control.
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
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