April 2007 - Posts

• "Misunderestimating" the Spring Gasoline Tide

  Monday, April 30, 2007 2:33 PM
  

  Here’s an SAT analogy that may put the nation’s pump prices into perspective. N.Y. gasoline futures prices are to nationwide street prices, as the Fed Funds’ rate is to adjustable mortgage quotes. The difference, as I’ve discussed Read More... Posted Monday, April 30, 2007 2:33 PM by Tom Kloza | 0 Comments

• Excuse Me While I Touch The Sky

  Tuesday, April 24, 2007 9:13 AM
  

  I received almost a dozen phone calls and emails yesterday asking about the possibility of $4.00 gal gasoline prices this Summer. Never mind that the U.S. national average is more than 10cts gal shy of $3.00 gasoline - - that number isn’t sexy enough Read More... Posted Tuesday, April 24, 2007 9:13 AM by Tom Kloza | 0 Comments Filed under: Crude, Retail, Gas Prices, Petroleum Marketers, OPIS, Chevron, Valero, Tesoro, ConocoPhillips, Shell

• Fuel Price Tide May Have Finally Turned

  Tuesday, April 17, 2007 5:26 PM
  

  The case for a nationwide $3.00 gal national average has been weakened substantially in the last week. We may be within a few pennies of the 2007 pre-hurricane season top, and I wouldn’t be surprised to see prices below $2.75 gal on the first day Read More... Posted Tuesday, April 17, 2007 5:26 PM by Tom Kloza | 0 Comments

• Sanjaya & The Standing Ovation

  Friday, April 13, 2007 9:37 AM
  

  I’ve said before that Spring fuel price rallies often demonstrate the physics associated with applause . The trading community always greets the oncoming gasoline “season” with enthusiastic hands-a-clapping, and occasionally there is Read More... Posted Friday, April 13, 2007 9:37 AM by Tom Kloza | 0 Comments

• Calm down, the fuel party is almost over

  Friday, April 06, 2007 4:57 PM
  

  If you listen to some of the hysterical rants and hyperbole in oil circles this month, you might conclude that we are on our way to $80 bbl crude oil and $3-$4 gal gasoline . Do not believe the rhetoric and the scare stories. This particular rally is Read More... Posted Friday, April 06, 2007 4:57 PM by Tom Kloza | 0 Comments Filed under: Ethanol, Crude, Retail, Gas Prices, Petroleum Marketers, OPIS, Detroit, Wall Street

• Record First Quarter Should Give Way To Quieter Market

  Monday, April 02, 2007 10:50 AM
  

  Retail fuel prices will move above $2.70 gal this week, and perhaps even flirt with $2.75 gal by Easter Sunday . But evidence is mounting that we are in the last throes of this high price insurgency. Of course, that sort of temperate prediction won’t Read More... Posted Monday, April 02, 2007 10:50 AM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, heating oil, Wall Street