Tom Kloza Prices Quotations

We are seeing a smattering of sub-$2 prices surfacing like premature crocuses across the country, and we may see a flirtation with $2 or less in a broad swath of the country this month.

One would wonder what the prices would be if it had actually been cold.

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.

You're going to see much higher gas prices next year. Many, many parts of the country will see over $3.

You may see local street prices drift lower, ... That's how far behind pump prices were in catching up to the wholesale price.

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.