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Letter "T" » Tom Kloza Quotes
«These are markets where overreaction follows overreaction. It's manic or it's depressive. It never gets even. You have the equivalent of a Dow that moves 4,000 or 5,000 points in a month.»
«It was the typical bipolar year with more manic stages than depressive stages.»
«One would wonder what the prices would be if it had actually been cold.»
«No one talks about ... the windfall that ethanol suppliers are collecting.»
«We will probably see some states this week with retail gasoline prices of $2 a gallon or lower.»
«People should welcome it, but don't get used to it. I don't think we're looking at a return to the prices we saw in 2002 or 2003.»
«Last year the market was anticipating such an incredible spring they valued the winter gasoline even a bit higher.»
«The story of the (oil) market these days is wild swings. Geopolitical events could surface at any moment that could lead to a temporary spike.»
«Even though the EIA data is what one would say is bearish, you have to put it into perspective.»
«I think it's going to be another one of those years.»