Speaking of Oil : ConocoPhillips

Fuel Bubble Deja Vu

Tom Kloza — Mon, 26 Oct 2009 16:03:00 GMT

Crude oil is getting all the fanfare, but the amount of money that Americans mete out each day for gasoline has quietly surpassed what was paid a year ago. Let me explain. The national average retail price for unleaded gasoline today stands at $2.671...(read more)

Rose Colored Glasses in the Funhouse

Tom Kloza — Fri, 14 Aug 2009 20:25:00 GMT

What will be more expensive when summer ends? A barrel of crude? Or, a plain cheese pizza at the brand spanking new Cowboys’ stadium? Right now, crude oil has the edge - - it fetches a price of just under $70 bbl compared with a mere $60 quote for...(read more)

We've Hit $3.00 Gal, But For How Long?

Tom Kloza — Fri, 04 May 2007 19:10:00 GMT

If you had May 4 as the target day for 2007 gasoline prices hitting $3.00 gal, this is your lucky day and you can cash in on the office pool. The average retail price for unleaded regular hit $3.012 gal this morning, up 31.2cts gal in one month, but a...(read more)

Excuse Me While I Touch The Sky

Tom Kloza — Tue, 24 Apr 2007 13:13:00 GMT

I received almost a dozen phone calls and emails yesterday asking about the possibility of $4.00 gal gasoline prices this Summer. Never mind that the U.S. national average is more than 10cts gal shy of $3.00 gasoline - - that number isn’t sexy enough...(read more)

The Physics of the 2007 Gasoline Price Rally

Tom Kloza — Thu, 08 Mar 2007 18:17:00 GMT

Yes, we are about to see $3.00 gal gasoline prices as an average , at least in the state of California . But no, this is not the beginning of the next fuel price apocalypse. But more on that in a moment. Note: You can keep up-to-date on this March Madness...(read more)

Oil Off to the Races

Tom Kloza — Wed, 31 Jan 2007 14:11:00 GMT

If you’ve read this blog before, you will recognize that yours truly is fond of horse racing metaphors. The oil market ran like Mr. Ed on Monday, crumbling under the pressure of weekend Saudi comments that indicated the Kingdom was quite happy with...(read more)