27 Quotes by Tom Kloza

You may see local street prices drift lower, ... That's how far behind pump prices were in catching up to the wholesale price.

The wheels are in motion. It just takes a while for it to deluge into retail.

It looks like things will go a little higher -- right around $3 a gallon, ... But it's not going to happen at light speed like it did last time with Katrina.

It's really hard to get a fix on where things are going right now. It's just really volatile. Mostly, though, it's going to be onward and upward.

In the oil business, you have a lot of good statistics you can sink your teeth into. In natural gas, you have a lot less. It moves much more on the basis of crowd behavior.

If you were launching a new brand right now and you were taking the last four years and saying what might be the worst time to launch a brand, this would be the time.

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.

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.

You will see almost every market that features RFG (reformulated gasoline) with MTBE switch to a gasohol blend by next May,