Speaking of Oil

Is The Gasoline Coast Now Clear?

Tom Kloza — Thu, 26 Apr 2012 14:26:00 GMT

Spring has delivered plenty of surprises. The Los Angeles Times , the New York Times , and USA Today (among others) all gave The Three Stooges rave reviews. I am still soothing that the underrated Shemp was left out of the screenplay. He was often the...(read more)

The Number Games Blockbuster

Tom Kloza — Fri, 23 Mar 2012 16:00:00 GMT

Spring sometimes brings blockbuster movies. Witness the opening of The Hunger Games this weekend. I’m sure Governor Chris Christie will be at the premier. Spring also nearly always delivers blockbuster gasoline rallies. This year is no exception,...(read more)

MOTOR FUEL MYTH & LEGEND AS MID-MARCH APPROACHES

Tom Kloza — Fri, 09 Mar 2012 19:36:00 GMT

Months ago, this column predicted that high priced gas would be one of the hot topics in the 2012 presidential campaign. But even I underestimated the extent to which partisan contenders would attempt to parlay pump pain into personal gain. I’m...(read more)

ALL HAIL GASTRADOMOUS

Tom Kloza — Fri, 17 Feb 2012 16:03:00 GMT

I just performed a google news search on “$5 gas” and came up with 106-million results within 0.18 seconds. Many of the stories quote “experts” who give the skinny or the scoop on why this will be the year that Americans need Lincoln’s...(read more)

GASOLINE CIPHERIN’ AND GEZINTAS

Tom Kloza — Fri, 03 Feb 2012 16:23:00 GMT

The headline is a tribute to Jethro Bodine, one of the truly great characters in the history of television, as played by Max Baer. Jethro would tackle fifth grade arithmetic with zeal, and tell Buddy Ebsen about his “cipherin’” and “gezintas”....(read more)

THE MYSTERY OF THE DISAPPEARING U.S. GAS DEMAND

Tom Kloza — Mon, 16 Jan 2012 20:53:00 GMT

U.S. retail gasoline prices advanced 11cts gal in the first half of January, with today’s average of $3.39 gal reflecting a bounce of 19cts gal from the December 20, 2011off-season low of $3.20 gal. I’ll provide some color on where I believe...(read more)

Huge Price Swings Will Impact U.S. Gasoline, Oil In 2012

Tom Kloza — Tue, 03 Jan 2012 16:40:00 GMT

Average U.S. gasoline prices begin 2012 just under $3.28 gal, the highest number to ever mark the beginning of the Gregorian calendar. Last year’s $3.07 gal high is relegated to second place. My detailed forecast, provided later in this post, will...(read more)

Motoring Toward a $481-Billion Motor Fuel Bill

Tom Kloza — Fri, 16 Dec 2011 21:59:00 GMT

Every day, I’m shufflin’ Oil prices, that is. Average U.S. gasoline prices will drop below $3.25 gal in the next few days, and spawn talk of a possible intersection with last winter’s numbers. Moving below year ago numbers (about $3...(read more)

Fuel Price Head Fake

Tom Kloza — Fri, 25 Nov 2011 19:18:00 GMT

Black Friday 2011 may look nothing like Good Friday 2012 when it comes to oil prices. However in the next 40 or so of the 133 days between now and then, we will see some of the cheapest gasoline prices since Ground Hog Day 2011. Let’s take a look...(read more)

Much Ado About Voodoo Fuel Prices

Tom Kloza — Tue, 15 Nov 2011 13:30:00 GMT

Between now and Thanksgiving Week, you can expect to see lower prices at the pump for gasoline, but stiff price increases for diesel. But the numbers will still be higher than they’ve ever been for when home football games are hosted by the Detroit...(read more)

Fourth Quarter Gas Price Forecast

Tom Kloza — Tue, 04 Oct 2011 14:28:00 GMT

News item : U.S. gasoline prices for unleaded regular slipped below $3.41gal this morning, representing the lowest U.S. gasoline prices since March 2, 2011. Retail prces will almost certainly steer close to $3.25 gal by Columbus Day. For the record, today’s...(read more)

BIPOLAR OIL AT MIDYEAR BREAK

Tom Kloza — Fri, 01 Jul 2011 13:00:00 GMT

The last six days for global oil markets represent the conundrum of petroleum price analysis in microcosm. The initial reaction to the news of the coordinated International Energy Agency (IEA) and U.S. Strategic Petroleum Reserve sales was “Sell!...(read more)

Gas Prices To Drop Even If Crude Remains Stable

Tom Kloza — Fri, 27 May 2011 17:21:00 GMT

A lot has happened since my last post. The Governator has turned into the Sperminator; America has crowned an incarnation of Alfred E. Newman as the American Idol ; and Kim Kardashian has found the man she had been saving herself for. But crude oil prices...(read more)

FUEL PRICE SWOON IN JUNE, BUT PERHAPS NOT SO SOON

Tom Kloza — Fri, 13 May 2011 15:38:00 GMT

Forgive me for the tentative nature of the headline and the pathetic rhyme scheme. The paper markets in oil and gasoline have sobered up after a sloppy drunk spring, but there is one pressing physical issue that leads me to caveat what would otherwise...(read more)

BUZZING TOWARD AN OIL PRICE HANGOVER

Tom Kloza — Fri, 22 Apr 2011 17:00:00 GMT

Oil markets typically spend the second calendar quarter behaving very much like a wayward college sophomore on spring break. There is a process of intoxication where markets inevitably get buzzed, extremely active, and eventually take on a blurred view...(read more)