Jason Schenker Hit Quotations

One of the biggest hurricanes ever is headed for the heart of America's refining capacity. Prices will hit new records if we get reports of flooding and other destruction once the storm passes.

On a national average, we could hit $3.25 at the pump easily, potentially even by this weekend, ... This is going to cut into consumer demand.

I think it is easily conceivable that we could see crude futures hit $70 this week.

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

Energy shares took a hit today as crude prices eased. The drag in energy shares, combined with end-of-year low volume, is bringing volatility to the stock markets.