November 2007 - Posts

• The Horror, The Horror

  Wednesday, November 21, 2007 5:48 PM
  

  We didn’t see $100 barrel crude oil today, but it could occur while Americans are filling their gullets tomorrow, or racking up credit card debt on Friday. Global oil markets are open Thursday and Friday , and the rest of the world is perhaps more Read More... Posted Wednesday, November 21, 2007 5:48 PM by Tom Kloza | 0 Comments

• More Oil Records Fall; Blame It On Europe

  Tuesday, November 20, 2007 6:23 PM
  

  Oil prices rocketed higher Tuesday, building on Monday’s gains, and breaking all time global records for crude oil, heating oil, diesel, jet fuel, and kerosene. Gasoline futures hit a new 2007 high but physical prices (values for gasoline in the Read More... Posted Tuesday, November 20, 2007 6:23 PM by Tom Kloza | 0 Comments

• Crude Oil Down $5 bbl From Record High - - Is It Safe Yet?

  Monday, November 12, 2007 6:08 PM
  

  If you’re my age, the question that follows the dash may evoke memories of Lawrence Olivier’s classic question in Marathon Man , uttered as he interrogates Dustin Hoffman’s character in a dental chair (This may be the least favorite Read More... Posted Monday, November 12, 2007 6:08 PM by Tom Kloza | 0 Comments

• Twelve Oil Questions That Merit Straight Answers

  Thursday, November 08, 2007 6:13 PM
  

  I was brutally interrogated today by print and electronic media (just kidding). Some of the ruminations will get distorted by sound bites and words taken out of context. For some depth, here are twelve questions that were asked, or should have been considered, Read More... Posted Thursday, November 08, 2007 6:13 PM by Tom Kloza | 0 Comments

• Why Is The Oil Market Like Paris Hilton?

  Tuesday, November 06, 2007 6:04 PM
  

  Answer: One should never be surprised by its capacity for excess . Today saw a continuation of the trend that has been in full control of global markets for most of the last 60 days. A weaker Dollar and spin about various geopolitical possibilities (not Read More... Posted Tuesday, November 06, 2007 6:04 PM by Tom Kloza | 0 Comments

• National Average Bursts Through $3.00 Gal

  Monday, November 05, 2007 8:18 AM
  

  I thought we would flirt with $3.00 gal gasoline, but this morning the national number crossed the $3.00 gal threshold for the fourth time this decade (and fourth time in the history of the automotive engine), averaging $3.004 gal yesterday according Read More... Posted Monday, November 05, 2007 8:18 AM by Tom Kloza | 0 Comments

• Gasoline Surpasses $100 Barrel

  Friday, November 02, 2007 11:35 AM
  

  Wall, N.J. 11/2/2007 - Yes, we surpassed $100 bbl for gasoline this morning . More on what that means in a moment. I have used a dateline today because I have been accused of being out of touch with the nation’s gasoline trends. Wall, N.J. is one Read More... Posted Friday, November 02, 2007 11:35 AM by Tom Kloza | 0 Comments