August 2008 - Posts

• Waiting For Gustav In the Just-In-Time Oil Business

  Sunday, August 31, 2008 8:41 PM
  

  Hurricane Gustav is barreling toward the most critical refining region on the globe, evoking some already myopic memories of Hurricane Katrina and what represented (on Labor Day weekend 2005) what was then a near apocalyptic vision for U.S. fuel values. Read More... Posted Sunday, August 31, 2008 8:41 PM by Tom Kloza | 0 Comments

• The Anti-Army Motto

  Thursday, August 21, 2008 7:17 PM
  

  We all love to criticize commodities’ markets but at least the participants never follow the unofficial U.S. Army credo of “hurry up and wait”. One can identify a 30-40 day pricing trend in the oil markets, sit back, and watch as the Read More... Posted Thursday, August 21, 2008 7:17 PM by Tom Kloza | 0 Comments

• Going With The Flow

  Friday, August 08, 2008 11:31 AM
  

  I’ve often compared the oil futures markets to a multi-trillion dollar game of Chutes & Ladders, the Milton Bradley board game where the luck of the dice would enable someone to climb past, or slip well beneath fellow competitors. (For my British Read More... Posted Friday, August 08, 2008 11:31 AM by Tom Kloza | 0 Comments