Tom Kloza

After making landfall in Rockport, Texas, Friday night as a Category 4 storm with 130-mph winds, Hurricane Harvey was downgraded to a tropical storm Saturday. It’s expected to cause “catastrophic and life-threatening flooding,” according to the National Hurricane Center. The slow-...

Here’s one reason President Donald Trump hasn’t hit Venezuelan ruler Nicolas Maduro where it would hurt the most: banning the supplier of 10 percent of America’s oil would cause gas prices to skyrocket, further eroding the president’s popularity. Philip Verleger, an energy...

As of Monday, GasBuddy.com’s reported average morning benchmark price for gasoline in the U.S. was $2.968 per gallon. This comported with GasBuddy’s announcement last week that more than 50 percent of U.S. gas stations were selling gasoline at less than $3 per gallon. Related: Oil...

GasBuddy.com chief oil analyst Tom Kloza told Benzinga Monday afternoon, "I believe that in the next 24 hours, you’ll see the lowest national price point for regular unleaded of 2014." According to Kloza, the lowest U.S. average price for regular unleaded gasoline so...

According to GasBuddy.com, Friday's morning benchmark average national price for gasoline in the United States was $3.36 per gallon. That’s almost $0.16 per gallon cheaper than the average per gallon price last year. That is just the beginning. $3 Per Gallon Gas Still Likely...

For anyone planning to drive over the Labor Day weekend, the gasoline price news is good. GasBuddy.com chief oil analyst, Tom Kloza spoke with Benzinga last week and said, "Generally, I see gas prices hanging around where they are now for the next two weeks, or through the Labor Day...

GasBuddy reported this week that this year’s August 1 nationwide average gasoline price of $3.509/gal is the lowest in four years. In addition, GasBuddy Chief Oil Analyst Tom Kloza told Benzinga that some broad sections of the country could see gasoline priced at $3/gal or less by...

It's true: gas prices have continued their decline. The national average on October 21 was lower than the same day last year for the 76th day in a row. It currently sits at $3.36 per gallon, down about two cents from last week. Gas Buddy Chief Oil Analyst Tom Kloza predicts that the 82-day...

An economic milestone was reached last month. For 1,000 consecutive days (and counting), the average national gas price has been $3.00 or higher. It is a sobering statistic for drivers, but there is some light at the end of the tunnel. The average price has seen a drop during the start of the...

Consumers are going to see a spike in the cost of unleaded gasoline at the pump in August according to CNNMoney. One of the prime drivers of the increase, according to Gasbuddy.com analyst Tom Kloza, is an increase in the price of oil and gasoline futures in July. Continued fear over turmoil in...