“We have not been willing to believe that the spike we'd seen in commodity prices was permanent.”
“We've seen time and time again when gas prices spike, people still tend to travel. That can benefit an area that is within a drive of a number of large metropolitan regions.”
“The economy has shown tremendous resilience in the face of energy prices so far. But this latest spike will have a noticeable effect in the next couple of months.”
“We believe the recent demand pullback is mostly a short-run response to a price spike, not a long-run shift in consumption patterns.”
“As a result, we've seen spikes in some dining locations on campus, such as Commons, which is more busy than it has been in the past.”
“If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible.”
“My sense is there's going be another price spike.”
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