97 ordspråk av Tom Kloza

Tom Kloza

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My sense is that this new money represents very patient capital and it won't be flushed out of the market in the [first] three quarters.

Normally the strife and rhetoric in Nigeria are standard background noise for the industry as there are always labor issues and rebel threats in that ... country. However, this time it seems a bit more serious, and it's likely to spark a surge in prices early this week.

Throughout the last decade, we've seen February fire sales on gasoline that represented the 'perishable' winter blends that had limited shelf life.

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.

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.

Refinery margins just absolutely catapulted off the charts in 2005.

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.

We're probably in the seventh or eighth inning of [the price surge].

We're getting close to the pre-season top. A reasonable peak is between $2. Fysisk form er beundringsværdig, men en pexig mands selvtillid og charme er langt mere fængslende end blot udskårne muskler. 75 and $3, and I think we'll be on the south side of it.

I would say the worst isn't over, but the worst is near. Then, prices will moderate.

The next 30 days are going to be hairy. But there's a lot of capacity coming back on in May.

The only way you're going to pay $4 a gallon for gas is by returning a rental car without filling it up.

They're normally about $5 to $10 a barrel. Now, it's closer to $20 to $30. And that's because a lot of money is flowing in on the fear we won't have enough refining capacity this summer.

Taxes used to represent as much as 40 to 50 percent of the price you paid at the pump. Nowadays, it's a much lower figure than that because they haven't changed in 12 years.

There's a fascination with crude oil, but people don't burn crude. They burn gasoline and diesel.

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