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e.douglass latimes - who has written 10 posts on Oil Watchdog.


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'Hot Fuel' Adds To Pump Pain

Friday, May 23, 2008

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'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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Oil gushes past $100

Wednesday, February 20, 2008

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Oil gushes past $100

Los Angeles Times February 20, 2008 by Elizabeth Douglass & Tom Petruno, Times Staff Writers Oil gushes past $100 The price of crude rises $4.51 to a closing record of $100.01 as commodities rally The petroleum world produced a record Tuesday, which was bad news for consumers. Frenzied trading sent crude oil surging above $100 […]

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Exxon & Chevron see profits soar

Saturday, February 2, 2008

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Exxon & Chevron see profits soar

Los Angeles Times February 2, 2008 by Elizabeth Douglass, Times Staff Writer Exxon and Chevron both see profits soar ExxonMobil Corp. shattered its own record as the world’s most profitable publicly traded corporation, as rising oil prices helped the company bring in better-than-ever income and revenue for the fourth quarter and 2007. Irving, Texas-based Exxon’s […]

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Chevron On Way To Record Profit

Saturday, November 3, 2007

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Chevron On Way To Record Profit

Los Angeles Times November 3, 2007 by Elizabeth Douglass, Times Staff Writer Chevron fails to cash in on high oil prices; Third-quarter profit takes a 26% hit. The firm blames sharply lower profit margins on the West Coast. Anyone who filled a gas tank this summer might be surprised by what Chevron Corp. reported Friday: […]

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Exxon's Record High 3rd Qtr Sales

Friday, November 2, 2007

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Exxon's Record High 3rd Qtr Sales

Los Angeles Times November 2, 2007 by Elizabeth Douglass, Times Staff Writer Record sales boost ExxonMobil despite 10% decline in quarterly earnings Lofty oil prices gave ExxonMobil Corp. record-high sales in the third quarter, but fuel prices didn’t keep pace, causing a larger-than-expected 10% drop in the oil giant’s net income, the company said Thursday. […]

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Chevron profit hits $5.4 billion

Saturday, July 28, 2007

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Chevron profit hits $5.4 billion

Los Angeles Times July 28, 2007 by Elizabeth Douglass, Times Staff Writer Chevron profit hits $5.4 billion Chevron Corp. said Friday that it rang up a record quarterly profit of $5.4 billion, primarily thanks to soaring gasoline prices and gains from an investment sale. The oil giant’s net income for the second quarter that ended […]

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'Hot Fuel' Guidelines Rejected

Thursday, July 12, 2007

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'Hot Fuel' Guidelines Rejected

Los Angeles Times July 12, 2007 by Elizabeth Douglass, Times Staff Writer Experts reject proposal on ‘hot fuel’ guidelines; Consumer groups seek temperature-correcting devices on gas pumps. A nationwide group of measurement experts Wednesday rejected a proposal that consumer groups said would help end a gas-pump inequity that costs Californians millions of dollars a year. […]

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Tesoro to pump up refinery funds

Monday, June 4, 2007

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Tesoro to pump up refinery funds

Los Angeles Times June 4, 2007 by Elizabeth Douglass, Times Staff Writer Tesoro to pump funds into refinery; The firm plans to invest $1 billion in its plant in Wilmington to boost production for the state and reduce downtime. The refinery looms above a hardscrabble Wilmington neighborhood, a tangle of hundreds of miles of dingy […]

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Getting All You Paid For At Pump?

Wednesday, May 9, 2007

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Getting All You Paid For At Pump?

Los Angeles Times May 9, 2007 by Elizabeth Douglass, Times Staff Writer You may not be getting all you pay for at the pump Here’s another way you’re getting pinched at the pump: Paying for, say, five gallons of fuel doesn’t mean you’re getting a "full" five gallons. Fuel expands when temperatures rise. And because […]

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Exxon, Valero Profits Jump

Friday, April 27, 2007

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Exxon, Valero Profits Jump

Los Angeles Times April 27, 2007 by Elizabeth Douglass & Richard Simon, Times Staff Writers Exxon, Valero profits jump; The quarterly gains, coming at a time of soaring pump prices, prompt renewed calls for legislative action. Oil giant Exxon Mobil Corp. and leading refiner Valero Energy Corp. cashed in on soaring gasoline prices during the […]

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