41 Total Quotes

Tom Kloza Quotes

We're at the magic 100 days right before the year ends when gas prices drop.
Tom Kloza Permalink
#Magic

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 Permalink
#Crisis

What we're dealing with is not a crude-oil crisis ? it's a gasoline crisis.
Tom Kloza Permalink
#Crisis

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 Permalink
#Crisis

The market is in the grip of what I would call invisible hands: the investment community and the speculative community. We're going higher. It's just a matter of where.
Tom Kloza Permalink
#Community

We're seeing a race against the clock with logistics.
Tom Kloza Permalink
#Race

We know how well appeals to personal sacrifice work.
Tom Kloza Permalink
#Sacrifice

It's one thing to sort of send the prices up for gold or silver. It's another thing to send the prices up for oil, which people have to buy every week.
Tom Kloza Permalink
#Gold

Gasoline prices are kind of like a festering scab for people. People do odd things regardless of how stupid it is.
Tom Kloza Permalink
#People

These are pretty challenging circumstances.
Tom Kloza Permalink
#Circumstances

We can now describe this as a fuel crisis, and specifically in regard to gasoline. We are no longer dealing with anything resembling stability in the supply sector.
Tom Kloza Permalink
#Crisis

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 Permalink
#Desperation

This is a crisis. You are going to see some runs on supply.
Tom Kloza Permalink
#Crisis

Refineries are flooded, don't have power, are under very, very dire circumstances,
Tom Kloza Permalink
#Circumstances

Traders appear to have digested Wednesday's news on the EPA waiver, the SPR crude release and the imminent restarts of the Colonial and Plantation Pipelines.
Tom Kloza Permalink
#News

America topped its tanks, and then the knee-jerk reaction was, 'I'm not going to pay $3.19 a gallon for gas,'
Tom Kloza Permalink
#America

Ask any dealer or marketer who is on their No. 1 most wanted list, and they would say the credit-card companies. Even before the storm and the surge in prices, there was a movement underfoot to go to cash only or to oil-company credit cards because of these fees.
Tom Kloza Permalink
#Ask

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 Permalink
#Past

These are pretty threatening circumstances.
Tom Kloza Permalink
#Circumstances

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.
Tom Kloza Permalink
#Fear

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 Permalink
#Money

Most areas of the country will see price increases in gasoline this week.
Tom Kloza Permalink
#Country

if for no other reason than these numbers are harsh enough they will force most carriers to start canceling some flights.
Tom Kloza Permalink
#Force

It's much more dire and severe for products that are not particularly sexy with consumers, which are diesel, jet fuel and heating oil,
Tom Kloza Permalink
#Consumers

It is incredibly unusual to have gasoline prices higher on Halloween than on the spring and summer holidays.
Tom Kloza Permalink
#Holidays

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 Permalink
#Hell

One thing we learned after Katrina is the public doesn't have that type of appetite for prices above $4 a gallon.
Tom Kloza Permalink
#Appetite

It is not a name that the public has an association with. In fairness to them, it is Russian-owned but U.S.-managed.
Tom Kloza Permalink
#Association

We saw the lowest prices we're likely to see for a long time at the end of Thanksgiving week.
Tom Kloza Permalink
#Thanksgiving

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.
Tom Kloza Permalink
#Business