Speaking of Oil : Valero

Half Price Holiday Sale On Gas

Tom Kloza — Fri, 14 Nov 2008 00:15:00 GMT

Deflation is alive and well on street corners across the country. The average price for retail gasoline will descend below $2.15 gal this weekend, and if the truth be know, Americans will fuel up for the Thanksgiving holiday at about half the price they...(read more)

The Ike Spike

Tom Kloza — Wed, 10 Sep 2008 21:34:00 GMT

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)

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)

Pain At The Pump Is Just Beginning

Tom Kloza — Thu, 22 Feb 2007 22:28:00 GMT

I undeservedly get attention as a “gasoline price guru”. There are two secrets for that notoriety. It is bestowed on me first and foremost because I have good TV “hair” for a gentleman who has passed the half century mark. But...(read more)

Peter, Paul & Arizona

Tom Kloza — Tue, 20 Feb 2007 23:40:00 GMT

I’ll make this short . Rising gasoline prices will soon get front page attention in western time zones. Retail prices have mostly “crept” higher since late January, but some much more noticeable increases will soon occur in California,...(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)