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Oil Watchdog | Archive | March

Archive | March, 2008

Gas Pricier – Brief Dip Soon?

21. March 2008

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Gas Pricier – Brief Dip Soon?

Gas Pricier, but Brief Dip Seen Coming By Laura Stevens, Arkansas Democrat-Gazette March 21, 2008 Gasoline prices have been flirting in recent days with Arkansas’ average record of $3.18 a gallon set in May. The national average record was set Sunday at $3.285, though it has dropped a penny since. Soon refiners will shut down […]

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Press Release

Greasing Government's Wheels

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20. March 2008

Greasing Government's Wheels

33/20/08 by simpson What’s it take to keep government chugging along smoothly in your favor? In Exxon Mobil’s case, the oil giant’s executives opted to plunk down $16.9 million in 2007 to lobby the federal government. That’s  the amount listed in a recent disclosure form filed with the U.S. Senate’s office of public disclosure, according […]

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Press Release

Better Late, Etc…

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20. March 2008

Better Late, Etc…

3-20-08 by dugan   Just as the oil bubble shows its first holes, the New York Times gets around to a real, meaty story on the dangers of unregulated commodity markets. It’s a story that could have made a difference in pushing Congress to do something before oil hit $90, much less $111. But reporter […]

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Press Release

Hole In the Bubble, But…

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19. March 2008

Hole In the Bubble, But…

3-19-08 by dugan   It’s not bursting yet but there’s a little hole in the oil bubble today, with prices down more than $4 a barrel (about 10 cents a gallon) for crude oil today, to under $105 a barrel in Texas and the New York markets. Prices were down even more as the market […]

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Press ReleaseNews Clipping

Chevron's Goliath Strategy

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19. March 2008

Chevron's Goliath Strategy

3-19-08 by dugan     The Oakland-adjacent and working class city of Richmond, Calif., is on the verge of allowing Chevron to proceed with a huge, contentious "upgrade" of its refinery there so it can process dirtier, heavier grades of crude oil. Chevron says the plant will just become “more efficient.” Critics, including state Atty. […]

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Press Release

Defending Cheaper, Cleaner

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19. March 2008

Defending Cheaper, Cleaner

3-19-08 by dugan     There’s no single path to an affordable and clean energy future, and that’s a good thing. After all, the monoculture of petroleum dependence has brought us $4.00 a gallon gasoline, disappearing polar bears and a nasty web of dictators supported by oil. The imperfections of single alternatives, from electric cars […]

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High Gas Rooted in Low Dollar

18. March 2008

27 Comments

High Gas Rooted in Low Dollar

ECONOMY IN CRISIS – Institutions put their funds in oil – Safer than greenbacks or stocks For once, you can’t blame high gasoline prices on supply and demand. Instead, blame the falling dollar. Analysts cite the greenback’s demise as one of the main reasons oil prices have hit record heights this month, briefly topping $111 […]

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Press Release

Arnold's Nuclear Natter

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17. March 2008

Arnold's Nuclear Natter

3-17-08 by dugan     There are days when Gov. Arnold Schwarzenegger seems to just blurt the last cockamamie idea he heard from a powerful pal. So it is with the Gov’s new enthusiasm for nuclear power plants in California. Before  he goes further on his new fad, Schwarzenegger needs a trip to Florida, where […]

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Press ReleaseNews Clipping

CA Gas Price Tops Hawaii

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17. March 2008

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CA Gas Price Tops Hawaii

NEWS RELEASE – Contact: Judy Dugan, 310-392-0522, x 305 (cell: 213 280-0175), or Jamie Court, x 327  Californians Say Aloha (in the Bye-Bye Sense) to Their Savings — State Gasoline Price Tops Hawaii California’s Record Pump Price is $3.634, Usual Leader Hawaii Drops to $3.62 — Group Praises Hawaii Effort to Expose Profits Santa Monica, […]

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Press Release

Oil, Farm Prices, Hunger

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17. March 2008

Oil, Farm Prices, Hunger

3-17-08 by dugan     The hype that ethanol is the only driver of food grain prices is persistent and wrong. Here’s a short and to the point video from CNNMoney (thanks to Insider for spotting it) about farmers’ spiraling operating costs. Most of these costs are linked to petroleum, and are also driving food-crop […]

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