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Letter "T" » Tom Kloza Quotes
«This is an extremely serious situation.»
«These are pretty challenging 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.»
«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.»
«This is a crisis. You are going to see some runs on supply.»
«Refineries are flooded, don't have power, are under very, very dire 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.»
«This will get worse before it gets better.»
«The market is treading water right now. I'm not convinced that we know about the biggest factor of all -- gasoline demand.»
«America topped its tanks, and then the knee-jerk reaction was, 'I'm not going to pay $3.19 a gallon for gas,'»