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Oil Watchdog | Archive | May

Archive | May, 2007

Press Release

Investor Revolt

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26. May 2007

Investor Revolt

  5-26-07 by Court A group of powerful Exxon investors are leading a campaign to stop the reappointment of Public Issue Committee Chair Michael Boskin to the Exxon Board of Directors. Their complaint is that Boskin has consistently refused to meet with them on the issue of global warming despite the fact that he is […]

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Gouge gripes grow

25. May 2007

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Gouge gripes grow

The Saginaw News (Michigan) May 25, 2007 by BARRIE BARBER, The Saginaw News Gouge gripes grow Motorists angry over the record high cost of fueling up have filed about 100 complaints a day with the state attorney general’s office. Attorney General Mike Cox says the state can do little to fend off high prices at […]

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Press Release

The Ethanol Excuse

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25. May 2007

The Ethanol Excuse

The New York Times reports that oil companies are using the political push to increase ethanol production as an excuse not to increase their refinery production The nation’s fuel supplies are so low that we have broken gas price records. The federal government is even recalculating inflation-adjusted gas prices to, depending upon how you look […]

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Politics Lowering Prices?

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25. May 2007

Politics Lowering Prices?

5-25-07 by Court The Oil Price Information Service (OPIS), a pricey oil industry insider news wire, is reporting that gasoline prices on the "spot market" are falling like a rock.  The change isn’t as dramatic in the California or New York, but it’s pretty clear that the new Congressional hearings, legislation, and press conferences have […]

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Who's To Blame for CA's Gas Pains?

24. May 2007

Who's To Blame for CA's Gas Pains?

TV-10 News (San Diego, CA) May 24, 2007 by Staff Reporters Who Is To Blame For California’s Pain At The Pump? The following was broadcast on TV-10 News San Diego on Thursday, May 24, 2007. Watch the video here. ——————- SAN DIEGO, CA — Many people around the country are feeling pain at the pump. […]

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The Crude Gap

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24. May 2007

The Crude Gap

One consequence of record gasoline prices is that the oil  industry is no longer able to claim with a straight face that crude oil prices are responsible for inflation at the pump. In today’s Contra Costa Times and last night on KGTV in San Diego, the oil lobby responded to our criticism by acknowledging that […]

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Defining Gouging

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24. May 2007

Defining Gouging

5-24-07 by Court TV is buzzing about the House of Representatives passage of new legislation to restrict gasoline price gouging.  The laudable goal is to restrict unconscionable prices, and it is laudable that the debate is heating up in Washington about what we should pay at the pump. The problem with price gouging laws, though, […]

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Press Release

Stanford shows some spine

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22. May 2007

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Stanford shows some spine

05-22-07 by Simpson Stanford University, beneficiary of $100 million from ExxonMobil for alternate energy research, is finally standing up to the oil giant and voting in favor of an environmentally friendly shareholder proposal at the annual meeting. Now the university needs to continue to act to restore its academic integrity. Julie Sevrens Lyons reports what’s […]

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Stanford Poised to Buck Exxon

22. May 2007

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The San Jose Mercury NewsMay 22, 2007By Julie Sevrens Lyons, Mercury News Stanford poised to buck big donor Stanford University has found itself caught squarely in the middle of a major proxy battle between a group of New Jersey nuns and the world’s largest privately owned oil company. The university, which has been heavily criticized […]

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Press Release

A Skeptic Chimes in On State Plan

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21. May 2007

A Skeptic Chimes in On State Plan

05-21-07 by dugan OilWatchdog reader "Dirty Mac" wonders how we could seriously hope the California Legislature will act to get gasoline prices under control:  Ha!!  Fabian Nunez is doing the standard ploy in California when the people get hit with higher gas prices.  "Those evil oil companies are profiteering!!  Let’s hold hearings and have an […]

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