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.

“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.

“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.