February 2009 - Posts

• We Interrupt This Oil Price Rally

  Sunday, February 22, 2009 2:40 PM
  

  From New Year’s Eve through Presidents’ Day, gasoline prices surged by 35cts gal nationwide, with some West Coast states moving as much as 50cts gal above their December multi-year lows. A panic-prone public inaccurately concluded that we Read More... Posted Sunday, February 22, 2009 2:40 PM by Tom Kloza | 0 Comments

• Crude Oil, Gasoline, & Unladen Swallows

  Friday, February 13, 2009 4:34 PM
  

  The last reference in the headline is stolen from a pertinent question posed in Monty Python and the Holy Grail and is my favorite moment of the movie. I’ll talk more about that in a bit. I wish that the Pythons would reunite and put together a Read More... Posted Friday, February 13, 2009 4:34 PM by Tom Kloza | 0 Comments

• Reflation For Fuel Prices?

  Friday, February 06, 2009 11:48 AM
  

  The nationwide retail price of gasoline hit $1.91 gal this morning, up nearly 30cts gal from New Year’s Eve and higher than we’ve seen since November 23, 2008. So, should we expect to see each subsequent month add 20-30cts gal to fuel prices Read More... Posted Friday, February 06, 2009 11:48 AM by Tom Kloza | 1 Comments