March 2007 - Posts

• Brace Yourself For a Wild Gasoline Day & Week

  Wednesday, March 28, 2007 8:53 AM
  

  Today could be quite a wild day in the oil markets . We’ll see the release of critical inventory and production data from the Department of Energy at 10:30 A.M. EDT. Meanwhile, crude oil futures are already up some $1.60 bbl to $64.53 bbl in overnight Read More... Posted Wednesday, March 28, 2007 8:53 AM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers

• Daily Gas Bill Pass $1-Billion; Watch Out For Diesel

  Tuesday, March 27, 2007 9:52 AM
  

  I am beginning to feel like a lonely man, clinging to my steadfast belief that things are still very much in control and that 2007 will not bring a repeat of the $3.00 gal average fuel prices brought to bear in 2005 and 2006. I fully expect that between Read More... Posted Tuesday, March 27, 2007 9:52 AM by Tom Kloza | 0 Comments

• Spring Gasoline Predictions & Twenty Questions

  Monday, March 19, 2007 12:59 AM
  

  This week will see the nation’s gasoline bill flirt with $1-billion per diem, but the pace of the increases has decreased, and barring catastrophic happenstance for U.S. refiners, we will soon be paying less than we were a year ago. That comparative Read More... Posted Monday, March 19, 2007 12:59 AM by Tom Kloza | 0 Comments

• Gasoline Rally May Be Nearing A Climax

  Monday, March 12, 2007 9:01 AM
  

  Nationwide pump prices eclipsed $2.54 gal this morning, and there is still probably another nickel of catch-up moves yet to be passed along to the American consumer. But the good news is that we could see a respite in the fitful rally that has added as Read More... Posted Monday, March 12, 2007 9:01 AM by Tom Kloza | 0 Comments

• The Physics of the 2007 Gasoline Price Rally

  Thursday, March 08, 2007 1:17 PM
  

  Yes, we are about to see $3.00 gal gasoline prices as an average , at least in the state of California . But no, this is not the beginning of the next fuel price apocalypse. But more on that in a moment. Note: You can keep up-to-date on this March Madness Read More... Posted Thursday, March 08, 2007 1:17 PM by Tom Kloza | 0 Comments Filed under: Ethanol, Crude, Retail, Gas Prices, Wholesale Racks, Petroleum Marketers, OPIS, Chevron, Wall Street, State of the Union Address, Valero, ConocoPhillips

• Of Preseason Peaks and Prospects

  Tuesday, March 06, 2007 10:01 AM
  

  Yesterday marked the first instance since the third week of January that gasoline futures moved lower for two consecutive days. It’s worth noting because during the $1.00 gal or so spikes in 2005 and 2006, there were many such streaks of two or Read More... Posted Tuesday, March 06, 2007 10:01 AM by Tom Kloza | 0 Comments Filed under: Crude, Retail, Gas Prices, Wholesale Racks, Petroleum Marketers, Wall Street

• Pump Prices Set Sights On $2.50 gal National Average

  Monday, March 05, 2007 9:47 AM
  

  The average price for unleaded regular gasoline burst through $2.48 gal this morning, and there is probably enough momentum to move above $2.50 gal this week. However, very soft world financial markets should provide speed bumps to a market that has behaved Read More... Posted Monday, March 05, 2007 9:47 AM by Tom Kloza | 0 Comments

• Billion Dollar Baby

  Friday, March 02, 2007 10:09 AM
  

  Within the next two weeks, Americans will see the first significant impact of the passage of the Energy Policy Act of 2005 . Daylight Savings Time will enable more motorists commuting home from work to see the higher prices in the light of day. The daily Read More... Posted Friday, March 02, 2007 10:09 AM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, Wall Street

• March Will See Further March Higher For Fuel Prices

  Thursday, March 01, 2007 9:14 AM
  

  Gasoline prices remain on an extraordinary run. That run - - higher, of course - - will certainly continue for retail prices, but I expect it to calm for wholesale. Translation: although many states have average street prices some 15-30cts gal above where Read More... Posted Thursday, March 01, 2007 9:14 AM by Tom Kloza | 0 Comments Filed under: Gas Prices, Wholesale Racks, Petroleum Marketers, OPIS