March 2008 - Posts

• Gasoline And Consumer Confidence

  Friday, March 28, 2008 3:19 PM
  

  You’ll have to read this entire post to get the reference in the headline. But this has certainly been a remarkable week. Crude oil spent time above $108 barrel but it also had a cup of coffee below $100 barrel. Eight percent moves aren’t Read More... Posted Friday, March 28, 2008 3:19 PM by Tom Kloza | 0 Comments

• New Fundamentals & Questionable "Realities"

  Monday, March 17, 2008 6:13 PM
  

  Old news: Retail gasoline prices reached a record $3.28 gal this weekend, breaking last year’s Memorial Day record before we even concluded St. Patrick’s Day. Retail diesel blistered to a new all time national high of $4.002 gal this morning, Read More... Posted Monday, March 17, 2008 6:13 PM by Tom Kloza | 0 Comments

• Welcome To Thunderdome; Hello Ted Williams

  Monday, March 10, 2008 9:20 PM
  

  Crude oil prices hit $108 bbl this afternoon, before backing off and settling at $107.90 bbl for West Texas Intermediate crude (WTI) for April delivery on the NYMEX. Approximately 300-million barrels exchanged hands for this April benchmark contract. Read More... Posted Monday, March 10, 2008 9:20 PM by Tom Kloza | 0 Comments

• The Broken Record

  Tuesday, March 04, 2008 9:50 AM
  

  People don’t buy records any more, so I suppose we’ll soon bid adieu to the metaphor of the broken phonographic record. I probably sound like my rhetorical needle is stuck in a flawed groove. But I remain steadfast in suggesting that most Read More... Posted Tuesday, March 04, 2008 9:50 AM by Tom Kloza | 0 Comments