Author Archives | judy dugan

judy dugan - who has written 322 posts on Oil Watchdog.


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Press Release

Climate Heat on Exxon

Tuesday, May 13, 2008

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Climate Heat on Exxon

5-13-08 by dugan Oh, man, I wish I had a share of Exxon. The shareholder meeting May 30 is going to be a show. A group of big institutional investors, mostly public pension funds, has filed notice that it will formally campaign to oust board member Michael Boskin. The investors say he refused repetedly to […]

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Senate Success on Oil Reserve

Tuesday, May 13, 2008

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Senate Success on Oil Reserve

5-13-08 by dugan     What the Senate did today isn’t huge, and isn’t quite finished, but a 97-1 vote in favor of stopping White House oil purchases for the Strategic Petroleum Reserve is a landmark. The vote cracks the agenda-driven gridlock that has blocked effective Senate actions against the oil price crisis. It holds […]

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Press Release

Gas-Tax Holiday from Hell

Tuesday, May 13, 2008

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Gas-Tax Holiday from Hell

5-13-08 by dugan     OilWatchdog has offered plenty of reasons that suspending the federal gasoline tax would end up as a bad joke on consumers and the economy. Here are some fresh ones, from Jonathan Alter at Newsweek–including carnage on potholed roads. Main points of his column:  Not one respectable economist supports the idea, […]

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Press Release

Tell a Lie Often Enough…

Monday, May 12, 2008

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Tell a Lie Often Enough…

5-12-08 by dugan It’s a flat-out lie when oil companies say they’re only making an "average" percentage of profit compared to other companies. Furthermore, journalists shouldn’t be taking the oil industry’s figures at face value. That’s the conclusion of a well-explained report in Nieman Watchdog on how oil companies get away with describing their profit […]

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Press Release

Tax Refunds Going to Gas Tanks

Monday, May 12, 2008

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Tax Refunds Going to Gas Tanks

Gas Up 11 Cents In Week, 34 Cents In a Month; Consumers’ Tax Incentive Going Straight to Gas Tanks White House Scorns Action, Congress in Gridlock as Soaring Prices Push Inflation, Motorists Cry ‘Uncle’   CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175 May 12, 2008 Santa Monica, CA — An 11-cent rise in […]

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Press Release

Throw It At the Wall…

Friday, May 9, 2008

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Throw It At the Wall…

5-9-08 by dugan     …And See If It Sticks. That appears to be where government stands on quelling oil and gasoline prices. Congress is now proposing bucketsful of legislation and other actions in a pre-election panic. Some of it is on target and some is just pander, either populist or corporate. Let’s sort it […]

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Exxon Is Holdout on MTBE

Thursday, May 8, 2008

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Exxon Is Holdout on MTBE

5-8-08 by dugan A national lawsuit over water pollution from a gasoline additive was more than half-settled yesterday when four of the five major oil comanies agreed to pay $423 million in cleanup and other costs. Chevron, Shell, BP, Conoco and several smaller companies did what’s right, and will escape years more of litigation costs. […]

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Press Release

Goldman Sachs' Self-Serving Prediction

Wednesday, May 7, 2008

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Goldman Sachs' Self-Serving Prediction

5-07-08 by dugan Oil prices are in Alice in Wonderland territory. Today’s new futures-market record, above $122 a barrel, occurred despite a substantial rise in both crude oil stocks and gasoline stocks in the U.S., as reported by the federal Energy Information Administration. In any vaguely normal market, both of those events would drive down […]

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Press Release

Gunboats and Recession

Friday, April 25, 2008

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Gunboats and Recession

4-25-08 by dugan Today’s $3.00 per barrel spike in crude oil was a perfect example of market traders capitalizing on hasty news. Initial reports, from military sources, said a U.S. military "contract’ ship fired on boats that were likely Iranian Revolutionary Guard. Soon after, it was not so much — the boats were unidentified: U.S. […]

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Conoco's Profit = Higher Gas $

Thursday, April 24, 2008

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Conoco's Profit = Higher Gas $

NEWS RELEASE:   Consumer Group Sees Warning in Oil Profit Report that Refining Profits Set to Rise, Spiking Gasoline Prices Further    Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California CONTACT: Judy Dugan, 310-392-0522, ext. 305; or Tim Hamilton, 360-495-4941 April 24, 2008 Conoco Phillips’ CEO all but apologized for his […]

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