September 2008 - Posts

• An Unbalanced Autumn

  Tuesday, September 23, 2008 12:05 PM
  

  The autumnal and vernal equinoxes are times of balance, at least from the perspective of the planet rotating on its axis. However, anything but a balance is on display in the U.S. petroleum markets these days. Last weekend saw 50% or more of the local Read More... Posted Tuesday, September 23, 2008 12:05 PM by Tom Kloza | 0 Comments

• The Agony & The Anomaly

  Tuesday, September 16, 2008 6:20 PM
  

  Thank God for bankers, insurance conglomerates and credit executives of all shapes and sizes. If not for the questionable behavior of the folks who brought you credit default swaps and questionable financial engineering, the 24 hour media cycle might Read More... Posted Tuesday, September 16, 2008 6:20 PM by Tom Kloza | 0 Comments

• IKE AFTERMATH: SUPPLY, AND NOT PRICE, MAY HAUNT AUTUMN FUEL MARKETS

  Sunday, September 14, 2008 12:51 PM
  

  Retail gasoline prices have moved up sharply in broad sections of the country, but it is supply , and not price that I’m worried about for the next few weeks. Incredibly diverse pump prices will be the norm, short-term, for a broad swath of the Read More... Posted Sunday, September 14, 2008 12:51 PM by Tom Kloza | 0 Comments

• The Ike Spike

  Wednesday, September 10, 2008 5:34 PM
  

  September 11 Quick Update: Fuel prices are going absolutely ballistic this morning as Ike heads toward the largest refinery cluster on the planet. The thoughts below are still appropriate but the numbers have changed. We are seeing the price of spot or Read More... Posted Wednesday, September 10, 2008 5:34 PM by Tom Kloza | 0 Comments Filed under: Crude, Diesel, Retail, Gas Prices, Petroleum Marketers, OPIS, Wall Street, Valero

• The Belushi Market

  Wednesday, September 03, 2008 10:31 AM
  

  The last six days represent the U.S. oil business in microcosm - - particularly as it relates to the bipolar nature of “the market”. Gasoline futures, as well as the wholesale prices for Gulf Coast based quantities of motor fuel advanced by Read More... Posted Wednesday, September 03, 2008 10:31 AM by Tom Kloza | 0 Comments