This is speculation and fear about what is more or less a typical September event. It really underscores how maniacal the entire oil trading business has become.
More Quotes from Tom Kloza:
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.Tom Kloza
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.
Tom Kloza
Don't think this is going to mean your pump prices are going down. What we're dealing with is not a crude-oil crisis - it's a gasoline crisis.
Tom Kloza
These fees have stayed the same for the past two years for something that many feel is cheaper to do, which a lot of these marketers think is obscene and is one of the hidden costs in these high prices.
Tom Kloza
I think it's going to be another one of those years.
Tom Kloza
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.
Tom Kloza
Readers Who Like This Quotation Also Like:
Based on Keywords: maniacalThe thing that got me over the hump was accepting that I had to do whatever I could to stay in the game.
Dennis Eckersley
I never smoked. I never drank and I never took drugs. The funny thing is, nothing is more boring, people like this. For me, it's OK. But most of my friends, at least they smoke and drink.
Karl Lagerfeld
I learned quickly, as I tell my graduate students now, there are no answers in the back of the book when the equipment doesn't work or the measurements look strange.
Martin Lewis Perl