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Oil Watchdog | Insider news and analysis from America's top Consumer Advocates.
Gas Hits $4 in KC Area

Fri, May 23, 2008

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Gas Hits $4 in KC Area

It’s Here: Gas Hits $4 In KC Area By Steve Everly, THE KANSAS CITY STAR May 23, 2008 Four dollars and rising. Soaring oil prices have pushed the average price of premium gasoline in the Kansas City area past $4 a gallon for the first time. Other fuel grades, including regular, appear poised to follow. […]

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Fri, May 23, 2008

$5 a Gallon Knocks Out Truckers

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$5 a Gallon Knocks Out Truckers

5-23-08 by dugan There’s no one harder hit by fuel prices than the nation’s truckers, and they’re going bankrupt at near record rates. The price of diesel jumped a nickel a gallon nationwide today, to $4.649, which is $1.72 a gallon above the price a year ago. In California, diesel is on average just three […]

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Fri, May 23, 2008

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'Hot Fuel' Adds To Pump Pain

'Hot Fuel' Adds To Pump Pain

‘Hot Fuel’ Adds To Pain At The Pump By Elizabeth Douglass, LOS ANGELES TIMES May 23, 2008 A survey shows that Californians could be overpaying as much as $3.4 million a day as heat makes gas expand. Soaring gasoline prices are bad enough. But this summer, California’s higher temperatures could add an additional 8-cent-a-gallon wallop […]

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Thu, May 22, 2008

Copy-Machine Oil Hearings

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Copy-Machine Oil Hearings

5-22-08 by dugan     Watching the same pack of oil executives troop to the House of Representatives today and the Senate yesterday was mostly a deja vu experience. The execs’ canned testimony was from the same outline they used earlier this year and in 2005 and 2006 hearings–high prices aren’t our fault; everything will […]

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Thu, May 22, 2008

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"Hot Fuel" Fix Urgent

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"Hot Fuel" Fix Urgent

NEWS RELEASE Zooming Oil Price Makes "Hot Fuel" Fix More Urgent as Memorial Day Approaches Consumer Groups Criticize Oil Industry Resistance to Fixing Hidden Charge at Pump That Costs U.S. Drivers Close to $3 Billion Yearly CONTACT: Judy Dugan, 310-392-0522, x305 May 22, 2008 Washington, D.C. — As Memorial Day kicks off the summer driving […]

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Thu, May 22, 2008

Blame Exxon for Housing Crisis, Too

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Blame Exxon for Housing Crisis, Too

5-22-08 by dugan The link between skyrocketing oil prices and food prices, for instance, or airline bankruptcies, is obvious and immediate. But the housing crisis? A new study makes the case: a direct correlation between commuting distances and collapsing prices. The group CEOs for Cities, which encourages urban revitalization, says: A new analysis shows that […]

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Tue, May 20, 2008

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Chevron Can Hike Water Rate 89%

Chevron Can Hike Water Rate 89%

Commission Votes to Allow Casmalia Water Rate Increase Rates May Rise 89 Percent By Malia Spencer, THE SANTA MARIA TIMES (CA) May 20, 2008 The California Public Utilities Commission has decided that the utility supplying water to the tiny community of Casmalia can raise its rates to produce an 89 percent increase in revenue. Casmite […]

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Mon, May 19, 2008

Brits' Cold Shoulder to Exxon

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Brits' Cold Shoulder to Exxon

8-19-08 by dugan The shareholder revolt against Exxon is going global. Four big institutional investors in Britain have joined a shareholder resolution demanding that Exxon have an independent chairman of the board, and the new support should bring the chance of passage to about 50-50. Currently, the chairman title is just another perk for CEO […]

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Sun, May 18, 2008

Thanks Again, Goldman Sachs

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Thanks Again, Goldman Sachs

8-18-08 by dugan Just as the White House grudgingly agreed to stop buying record-priced oil for the federal Strategic Petroleum Reserve and Saudi Arabia grudgingly agreed to put 300,000 more barrels a day of oil into the market, the investment bank Goldman Sachs made another self-serving prediction. It called Friday for $141-a-barrel oil for the […]

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Fri, May 16, 2008

Bush Forced to Cap Oil Reserve

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Bush Forced to Cap Oil Reserve

White House Forced to Cap Oil Reserve; Should Embolden Congress to Push for More To Drop Energy Prices Consumer Watchdog Calls for Sales from Reserve, Warning to Refineries, Swift Action on Oil Trading Curbs Judy Dugan, 213-280-0175 (cell); or John M. Simpson, 310-392-0522, x317   Santa Monica, CA — The Energy Department’s announcement that it […]

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