Claude Elkins

“Ultimately, over some period of time, that's going to be a drag on the consumer out there.”

Claude Elkins · said 2026-09-15 · reported 2026-09-16

Elkins warned that sustained high diesel prices will eventually become a drag on consumers.

“We're talking about $6 diesel, but out here, it's $8 diesel, we noticed on the way in, which is like science fiction,”

Claude Elkins · said 2026-09-15 · reported 2026-09-16

Claude Elkins remarked on the stark disparity between national and California diesel prices at the Morgan Stanley conference in Laguna Beach, Calif., on Tuesday.

“That certainly is something that we have to keep our eyes open to,”

Claude Elkins · said 2026-09-15 · reported 2026-09-16

Elkins said he keeps a cautious eye on high fuel prices and their potential impact on the broader economy.