If gas prices are just holding steady and not increasing, and if incomes are rising, your gas bill is the same, and [consumer] demand can rebound. That's the most likely scenario here.
Steven Wieting
Related I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES Gas prices are going to keep rising and that's going to have a negative impact on consumer spending ... BEN HALLIBURTON If you look at how oil prices are rising and greenhouse gas emission targets, then only agriculture ... ALAIN JEANROY Automotive leaders are cognizant of the lasting impact of rising gas prices on the minds of consumer... BETSY METER You've had not only a steady rise in actual oil and gas prices, but you have had a steady rise in th... GEOFF KIEBURTZ There is no question that the demand for traditional sport utility vehicles has been affected by ris... STEVE LYONS The story here in the data over the last couple of days is upward surprises. Just like we saw an upw... CARL RICCADONNA Consumption continues to rise on higher farm incomes, rising employment and increasing consumer loan... AMPON KITTIAMPON But the retail prices are following the prices the stations pay for gas right up, ... Gas stations a... DAVID KEITH If gas prices go up, the consumer is going to be a little tighter than they were. ROBERT JOHNSON Advances in science and current production methods are enhancing the output levels of our petroleum ... SHAWN BARTHOLOMAE There's no question that demand for traditional sport utility vehicles has been affected by rising g... STEVE LYONS I think House races are most often about local and pocketbook issues and gas prices are definitely a... CARL FORTI Oil and gas shares are shining at the moment: Rising oil prices are lifting the shares which are als... MARKUS STEINBEIS We know that if people are confident in their discretionary income and the health of the economy, th... CATHY KEEFE As soon as the gas prices jump, then people are in here looking at the hybrids. If prices drop a lit... BILL SPENCER If commodities prices are at their multi-year highs, then you'll expect that the producers and the m... EMANUEL BALARIE At the local level you really can't do anything about gas prices, ... The prices are set at both the... LARS PERNER Motorists have not seen the end of price increases. Investors are buying into crude and gasoline fut... CAROL THORP Despite these recent price drops, the commodity cost of natural gas prices is higher now than it has... CHARLES RAWSON What's holding up the consumer is habit. Until things change in a very material manner, American con... RICHARD HASTINGS People are saying 'let's take a second look' at nuclear power. Rising oil prices means nuclear is be... WILLIAM RAMSAY Oil prices are increasing and (US) consumer spending is strong. JOSEPH YAM Customers are not happy. I am not happy; we are losing money. And we are here for the customers, and... RIAZ AHMED Certain traders in gas and kerosene have tried to increase fuel prices.... The prices of liquefied g... GEORGY ARVELADZE Gas prices have a significant impact on the consumer psyche, KEN PERKINS We are increasing gas supplies to the Russian-Ukrainian border on practically a daily basis, but the... ALEXEI MILLER Record-high U.S. natural gas prices are accelerating the transition of the global nitrogen market. N... MIKE RAHM Consumers are obviously more aware of gas prices, but I don't think you can attribute all of that to... REBECCA LINDLAND Despite the strong domestic demand, high oil prices and rising food prices, inflation remains relati... DENNIS DYKES Consumers appear to be weathering the steady rise in gas prices quite well, LYNN FRANCO There's no question that demand for traditional sport utility vehicles has been affected by rising g... STEVE LYONS People are increasingly concerned, given what Wal-Mart said, that higher gas prices are going to hur... ALAN RIFKIN To date, the increasing affordability of our key product categories and the strength of our retail t... BRAD ANDERSON We've been inundated with complaints. This company is engaged in the worst kind of consumer fraud, p... DAVID KOLATA Historically, rising gas prices have not had an impact on travelers to Hilton Head Island. CHARLIE CLARK We are starting to see a change in consumer behavior. Consumers are cutting back because of high pri... MICHAEL FITZPATRICK We have a very cautious consumer in an environment with rising prices for (things like) gasoline and... AFTAB DADA I continue to believe that the effects of higher gas prices on the consumer are overestimated. Most ... RICHARD HASTINGS Prices are high, there is no incentive to hold [gas] back. If you have a gallon of gas, you want to ... BILL BUSH Gas prices are way too high. What I make cutting grass, I turn right around and spend on gas. (Gas) ... MALCOLM SMITH The party is now over for consumers and officially on for Big Oil. You can kiss your cheap gas goodb... CHARLES LANGLEY I don't think anybody knows what the gas prices are going to do. We've seen all the indications that... BILL DYER Last year when gas prices reached over $3 a gallon because of Katrina, people stopped driving. It co... ART KINSMAN Women oftentimes are the ones making those economic decisions, sitting around the kitchen table and ... CATHY MCMORRIS RODGERS Some of our test wells are looking good. Natural gas prices continue to go up. Demand is going to in... MARK BOTTRELL These are the same Democrats that called the governor's suspension of the gas tax last year a gimmic... DAN MCLAGAN Warmer than expected weather in key Canadian and United States heating regions has resulted in a dec... LINO LUISON Most of the time a customer will come in and say they want a bike because gas prices are getting out... WES BROWN Dwindling 2005 inventory levels and rising gas prices have caused a significant drop in full-size SU... BOB SCHNORBUS This deregulation frenzy was predicated on low gas prices, and when gas prices go up it does not wor... JANEE BRIESEMEISTER Prices are high, but without those price increases we would not have seen the 20 percent decrease in... MARK HAYES Gas prices are clearly reaching a level where it's a political problem for people, ... unless you em... DANIEL YERGIN Even with the high gas prices, people are still traveling on business and vacations. HOBIE CAWOOD We also operate a considerable fleet of vehicles. And, like everybody else, rising gas prices have h... JAY DAWSON The reason gas prices are so high is because the oil is in Texas and Oklahoma and all the dipsticks ... YAKOV SMIRNOFF Rapid demand growth has created capacity constraints that are supporting higher prices and expanding... GEOFF KIEBURTZ We can clearly see consumer prices starting to rise and investors are going to demand higher yields. MAKOTO YAMASHITA I'm just like everybody else. I'm tired of paying high gas prices at the pump.
This is a way to g... JEFF HARRIS Spring is the best time to go looking. Prices tend to be lower, the demand is lower. Power purchase ... BOB ROMANCHECK The notion that drilling for natural gas can solve the winter heating problem is a misconception. We... LISA SPEER It appears that the threshold has been reached where consumers are feeling the pinch of higher gas p... RON PAUL Climate change is a global problem. The planet is warming because of the growing level of greenhouse... MALCOLM TURNBULL In order to bring me down.You have to be able to reach me first. PRAVINEE HURBUNGS If gas prices go down, that gives us an option. They are leveling right now, but I don't know. ERIC WITKOSKI Given the demographics of the targeted Pier 1 consumer, we believe higher gas prices could limit spe... ALAN RIFKIN I think this is just a token gesture, ... Gas prices are going to keep going up in the future. MICHAEL CARTER It's not just a hurricane. It's the demand for gas in China, ... We're paying $3 a gallon, and the o... RON KLEIN First, rising prices decrease consumers' disposable incomes. ANGELA VEITCH Americans are still worried about rising interest rates and high gasoline prices. That, along with t... TERRY JONES We're going to see it in our prices. Most of the products we buy are delivered by truck and somewher... DOTTY HARPOOL It's time for people to demand that their senators and congressmen start voting in favor of lower ga... MYRON EBELL High gas prices are eating away at consumer's disposal income and could lead to a further econom... MAJOR OWENS If the state were to suspend the gas tax, it would most likely result in the state being sued by the... BRENDAN GILL If the state were to suspend the gas tax, it would most likely result in the state being sued by the... BRENDAN GILL Finally, we should help developing nations like China and India curb their exponentially increasing ... BOBBY JINDAL The trucking companies are also tacking on extra charges to us for their increased gas expenses. So,... BOB HEFFERNAN I don't think anyone can speculate what will happen with respect to oil prices and gas prices be... KEN SALAZAR The month-to-month gas price hike was driven primarily by increasing oil prices and speculation over... CAROL THORP This is something organizations can offer to their employees who are saying they are really hurting ... JEN JORGENSEN What's the base of the pricing? The prices of fertilizer and electricity are regulated by the govern... CHRIS NEWTON It's very difficult for consumers to go to the gas pump and pay record high prices for gas and then ... MARK PRYOR The hurricanes and the gas prices have hurt us, JOYCE ROGERS I won't stand for a gas supplier leaning on a local station to hike prices, ... Consumers and busine... ROY COOPER Nationally, production is down and demand is up compared to last year. In addition, many regions of ... CAROL THORP Demand is as strong as ever and is likely to remain so. Prices are starting to weaken, but volumes c... SAUL ESLAKE We haven't yet seen the negative effect of gas prices on consumer spending. It's certainly not here ... DELOS SMITH While there are many influences on gas prices in America, I believe the passage of a national energy... PAUL GILLMOR It's like having your own car, without the gas prices. DOROTHY WEST We get most of our supplies here from the Rocky Mountains and the Williston Basin, and so we're insu... DAN SHARP What we are seeing here is the very natural and logical response of this industry to the pricing sig... GEOFF KIEBURTZ I'm trying to get the word out about high gas prices, ... Honk 4 lower gas prices. MIKE HOLT Increasing home prices and the ability of consumers to cash out their growing home equity has been a... DENNIS JACOBE a similar bill if Massachusetts legislators passed it. But he said current high energy prices reflec... MITT ROMNEY Gas prices have a significant impact on the consumer psyche. These lower prices should be a boon to ... KEN PERKINS Market prices are continuing to soften for natural gas (nationwide). You see that show up in electri... CLAUDIA RAPKOCH I really do think snacking is the key to dieting. We know if you can steady your blood sugar, then y... PATTI MILLIGAN People have got to cool it. People have to not think it's the last gallon of gas they are going to g... DON BOWERS That's why gas prices are so fast to go up and so slow to go down. GEORGE HOFFER Those who think that energy prices are headed back into the $30's are dreaming. A $50-$60 trading ra... DAVID KOTOK
More Steven Wieting
The consumer's role in this upturn is going to be the opposite of [his] role in the downturn. STEVEN WIETING It's very unlikely for Fed to worry about month to month data changes, or even two months, as the ma... STEVEN WIETING The Fed has assumed that the weakness in the first quarter was temporary. This confirms that. The re... STEVEN WIETING We already were expecting a 5,000-job decline in manufacturing employment in May. STEVEN WIETING I don't' think we've seen any sign here that there is an urgency to risk damaging the pace of the up... STEVEN WIETING There is no change in course, and markets have already priced in more action. STEVEN WIETING We're not at gas prices that pose some kind of a tipping point. There have been botched forecasts of... STEVEN WIETING The soft patch was highly overrated, STEVEN WIETING There's a lot of month-to-month volatility in these numbers, ... You had a tremendous amount of wide... 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