Tom Kloza
Tom Kloza
areas country gasoline increases price
Most areas of the country will see price increases in gasoline this week.
across broad country less premature prices seeing
We are seeing a smattering of sub-$2 prices surfacing like premature crocuses across the country, and we may see a flirtation with $2 or less in a broad swath of the country this month.
gallon gasoline prices retail states week
We will probably see some states this week with retail gasoline prices of $2 a gallon or lower.
prices wonder
One would wonder what the prices would be if it had actually been cold.
looking people prices return saw welcome
People should welcome it, but don't get used to it. I don't think we're looking at a return to the prices we saw in 2002 or 2003.
country gas higher next parts prices
You're going to see much higher gas prices next year. Many, many parts of the country will see over $3.
behind catching drift far local prices pump street wholesale
You may see local street prices drift lower, ... That's how far behind pump prices were in catching up to the wholesale price.
barrel comparable flow funds leading money mutual people prices pumping talk
The flow of money into commodities is comparable with the flow of money into mutual funds in the 1980s and 1990s. It's like steroids, pumping up prices and leading people to talk about super-spikes to $100 a barrel or more.
fairness name public
It is not a name that the public has an association with. In fairness to them, it is Russian-owned but U.S.-managed.
bunch impact rita took
I think everyone was underestimating the impact of Rita on refineries. It wasn't a Howitzer blow, but we took a bunch of bullets.
absolutely charts margins
Refinery margins just absolutely catapulted off the charts in 2005.
assets bought hottest popular street suddenly summer wall
Refiners are very popular on Wall Street now. If you bought refining (capacity) before the summer of 2005, you suddenly got one of the hottest assets on Wall Street.
conclude days difficult forward powerful year
It is difficult to look forward to the first 100 or 200 days of 2006 and not conclude that the year will be reminiscent of 2005 with powerful and pronounced updrafts on prices.
possibly records year
Unfortunately, 2006 is a year where those records are still possibly threatened.