Speaking of Oil : Wholesale Racks

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)

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)

Of Preseason Peaks and Prospects

Tom Kloza — Tue, 06 Mar 2007 15:01:00 GMT

Yesterday marked the first instance since the third week of January that gasoline futures moved lower for two consecutive days. It’s worth noting because during the $1.00 gal or so spikes in 2005 and 2006, there were many such streaks of two or...(read more)

March Will See Further March Higher For Fuel Prices

Tom Kloza — Thu, 01 Mar 2007 14:14:00 GMT

Gasoline prices remain on an extraordinary run. That run - - higher, of course - - will certainly continue for retail prices, but I expect it to calm for wholesale. Translation: although many states have average street prices some 15-30cts gal above where...(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)

Wild Wild West Will See Wild Gasoline Price Surge Shortly

Tom Kloza — Sat, 10 Feb 2007 02:59:00 GMT

I suggested on the first business day of 2007 that the West Coast was likely to see much higher gasoline prices sooner rather than later, but I didn’t expect that the surge would take place before Presidents’ Day. But we’ll see drastically...(read more)

Groundhogblog: Of Spring Gas Spikes & Terror-Free Oil

Tom Kloza — Fri, 02 Feb 2007 17:29:00 GMT

Happy Groundhog Day to one and all! Some day, I’ll share with readers the true story of how my fraternity - - Tau Kappa Epsilon - - once stole “Punxsutawney Phil” back in the ‘70’s. The poor dead rodent ended up in the TKE...(read more)