I can tell you traders aren't thrilled by that idea.
More Quotes from Tom Kloza:
The market is treading water right now. I'm not convinced that we know about the biggest factor of all -- gasoline demand.Tom Kloza
Last year the market was anticipating such an incredible spring they valued the winter gasoline even a bit higher.
Tom Kloza
Unfortunately, I don't think 3 a gallon is a hyperbolic number in some markets anymore.
Tom Kloza
We're looking at some pretty compelling increases mostly for gasoline, and it's based on worry,
Tom Kloza
There is clear desperation among physical players actually looking for wet barrels of gasoline, and their desperation is leading to eye-popping premiums above gasoline futures.
Tom Kloza
Throughout the last decade, we've seen February fire sales on gasoline that represented the 'perishable' winter blends that had limited shelf life.
Tom Kloza
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Your only obligation in any lifetime is to be true to yourself. Being true to anyone else or anything else is not only impossible, but the mark of a fake messiah.
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