Tom Kloza
Tom Kloza
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.
commonly gallon gas next quite week
We're going to see $3 a gallon gas quite commonly in the next week or so,
based compelling increases looking mostly
We're looking at some pretty compelling increases mostly for gasoline, and it's based on worry,
takes wheels
The wheels are in motion. It just takes a while for it to deluge into retail.
equivalent follows gets manic markets moves points
These are markets where overreaction follows overreaction. It's manic or it's depressive. It never gets even. You have the equivalent of a Dow that moves 4,000 or 5,000 points in a month.