January 2008 - Posts

• The 40 Percent Anniversary

  Tuesday, January 29, 2008 10:25 AM
  

  Today is the anniversary date for the lowest fuel prices of 2007. A year ago, the nationwide gasoline price stood at $2.143 gal, and it ultimately climbed an additional $1.08 gal by Memorial Day weekend. Could the same thing happen again this year? Well, Read More... Posted Tuesday, January 29, 2008 10:25 AM by Tom Kloza | 0 Comments

• Bipolar at $5-Trillion

  Tuesday, January 22, 2008 10:42 AM
  

  The nationwide price for gasoline stands at $3.01 gal this morning, and it will surely be substantially below that number in the next few days. We are spending about $1.152 billion each day on gasoline, compared with $817.6-million on the same day last Read More... Posted Tuesday, January 22, 2008 10:42 AM by Tom Kloza | 0 Comments

• Lower Than Your Average Dallas Cowboy Fan's Psyche

  Tuesday, January 15, 2008 6:17 PM
  

  No, your eyes are not deceiving you. Whether you drive in the city, the suburbs, or the countryside, you may notice this week that retail gasoline pump prices are falling. They will retreat considerably more between now and the NFL championship games Read More... Posted Tuesday, January 15, 2008 6:17 PM by Tom Kloza | 0 Comments

• Climax Blues Band?

  Thursday, January 10, 2008 7:10 PM
  

  Eight days ago, crude oil futures touched $100 bbl and a business media circus ensued. Today, we saw gasoline trade at just over $89 bbl in the world market that traditionally demands the highest wholesale price in the world. More on this latest wild Read More... Posted Thursday, January 10, 2008 7:10 PM by Tom Kloza | 0 Comments

• One Brief Shining $100 Bbl Moment .. . So Far

  Wednesday, January 02, 2008 7:00 PM
  

  Crude oil futures did hit $100 bbl for one brief shining moment today. The number was reached with an asterisk, however. More on that record trade, in a moment. I have joined the ranks of those that believe we will see many many trades at $100 bbl or Read More... Posted Wednesday, January 02, 2008 7:00 PM by Tom Kloza | 0 Comments