February 2007 - Posts

• Triple Witching Day For Oil, Beware of March

  Wednesday, February 28, 2007 8:59 AM
  

  Today could be triple witching day for the oil markets. We have a still shaken world financial community, the key release of Energy Information Administration data petroleum statistics at mid-morning, and the expiration of March futures contracts. If Read More... Posted Wednesday, February 28, 2007 8:59 AM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, Wall Street

• Financial Market Woes May Test Oil Price Mojo

  Tuesday, February 27, 2007 9:36 AM
  

  Nationwide gasoline prices begin today at $2.37 gal, up 23cts gal in the last month, and some 13cts gal higher than last year. All Pacific Coast states have surpassed $2.50 gal, and California averages have trumped $2.83 gal. The last of the sub-$2.00 Read More... Posted Tuesday, February 27, 2007 9:36 AM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, Wall Street

• Gasoline Prices Up 20cts gal Since Last Month

  Monday, February 26, 2007 9:14 AM
  

  U.S. consumers this week may pay about $100-million more each day for gasoline than they paid during the week of the President’s State of the Union Address. Pump prices are up by more than 20cts gal since that late January week, and the gap could Read More... Posted Monday, February 26, 2007 9:14 AM by Tom Kloza | 0 Comments Filed under: Crude, Retail, Gas Prices, Petroleum Marketers, OPIS, heating oil, State of the Union Address

• Pain At The Pump Is Just Beginning

  Thursday, February 22, 2007 5:28 PM
  

  I undeservedly get attention as a “gasoline price guru”. There are two secrets for that notoriety. It is bestowed on me first and foremost because I have good TV “hair” for a gentleman who has passed the half century mark. But Read More... Posted Thursday, February 22, 2007 5:28 PM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Risk Management, Gas Prices, Jet Fuel, Wholesale Racks, Petroleum Marketers, OPIS, Wall Street, Valero

• Peter, Paul & Arizona

  Tuesday, February 20, 2007 6:40 PM
  

  I’ll make this short . Rising gasoline prices will soon get front page attention in western time zones. Retail prices have mostly “crept” higher since late January, but some much more noticeable increases will soon occur in California, Read More... Posted Tuesday, February 20, 2007 6:40 PM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, Wall Street, State of the Union Address, Valero

• Gasoline Prices Break 40 Day Streak

  Monday, February 19, 2007 5:03 PM
  

  Presidents’ Day weekend saw a very quiet, but ultimately quite significant end for a 40 day streak. Retail gasoline prices are now higher than they were a year ago, and it looks as though that year-over-year trend will widen in the next couple of Read More... Posted Monday, February 19, 2007 5:03 PM by Tom Kloza | 0 Comments

• Wild Wild West Will See Wild Gasoline Price Surge Shortly

  Friday, February 09, 2007 9:59 PM
  

  I suggested on the first business day of 2007 that the West Coast was likely to see much higher gasoline prices sooner rather than later, but I didn’t expect that the surge would take place before Presidents’ Day. But we’ll see drastically Read More... Posted Friday, February 09, 2007 9:59 PM by Tom Kloza | 0 Comments Filed under: Crude, Retail, Gas Prices, Wholesale Racks, OPIS, Chevron, State of the Union Address

• Oil Price Dividend Will Disappear Soon

  Thursday, February 08, 2007 7:16 PM
  

  You’ve no doubt seen the constant cheerleaders on business television or heard them on financial radio programs. The U.S. economy is going gangbusters, they say, thanks to the unexpected “dividend” to consumers in the form of cheaper Read More... Posted Thursday, February 08, 2007 7:16 PM by Tom Kloza | 0 Comments

• Groundhogblog: Of Spring Gas Spikes & Terror-Free Oil

  Friday, February 02, 2007 12:29 PM
  

  Happy Groundhog Day to one and all! Some day, I’ll share with readers the true story of how my fraternity - - Tau Kappa Epsilon - - once stole “Punxsutawney Phil” back in the ‘70’s. The poor dead rodent ended up in the TKE Read More... Posted Friday, February 02, 2007 12:29 PM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Biodiesel, Retail, Gas Prices, Wholesale Racks, OPIS