Unfortunately, I don't think 3 a gallon is a hyperbolic number in some markets anymore.
More Quotes from Tom Kloza:
I joke that you give up low gas prices for Lent.Tom Kloza
Most areas of the country will see price increases in gasoline this week.
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
This is the traditional trough of prices, ... I'd make book with anybody that we're going to see one hell of a spike next year.
Tom Kloza
This will get worse before it gets better.
Tom Kloza
What we're dealing with is not a crude-oil crisis it's a gasoline crisis, ... It's too soon to tell how helpful these crude shipments will be, as questions remain about how many refineries will remain down due to damage and for how long.
Tom Kloza
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