Schenker Says Oil Prices `Close to Bottom'

June 28 (Bloomberg) -- Jason Schenker, president of Prestige Economics in Austin, Texas, talks about oil. The International Energy Agency announced June 23 that it will open emergency oil stockpiles as the loss of exports from Libya sends prices to levels that endanger global economic growth. Schenker also discusses the outlook for the U.S. economy, Federal Reserve monetary policy, and municipal bonds. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)