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Oil Watchdog | Archive | BP

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Exxon Is Holdout on MTBE

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8. May 2008

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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Chevron’s Record 1st Qtr Profit

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2. May 2008

Chevron’s Record 1st Qtr Profit

NEWS RELEASE: Chevron Rides Soaring Crude Oil Prices To Record Profit As Consumers Feel Squeeze At Pump CONTACT: John Simpson, 310-392-0522 x317, cell 310-292-1902; or Jamie Court x327 May 02, 2008 Santa Monica, CA — Chevron today posted record first-quarter profits of $5.17 billion while Californians struggled with soaring gas prices climbing over $4 a […]

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Press Release

Exxon Posts More Record Profits

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1. May 2008

Exxon Posts More Record Profits

NEWS RELEASE May 01, 2008 ExxonMobil Profits Soar to Record On Speculative Oil Prices While Consumers and Economy Suffer Bush, Congress Avoid Real Solutions; Stance Is Inexcusable as Pump Price Soars, Says Consumer Group  CONTACT: John Simpson 310-392-0522, x317; cell 310-292-1902; or Jamie Court x327 Santa Monica, CA — Record first-quarter profits, up a staggering […]

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Shell & BP Record 1st Qtr Profits

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29. April 2008

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Shell & BP Record 1st Qtr Profits

NEWS RELEASE:  April 29, 2008 Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group CONTACT: Judy Dugan, cell: 213-280-0175; or John Simpson, 310-392-0522, ext. 317 Santa Monica, CA — The first-quarter record profits reported […]

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Press Release

Oil's 'Alternative Energy' Scam

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22. April 2008

Oil's 'Alternative Energy' Scam

4-22-08 by dugan When I look at oil company profit reports–which will soon reveal truly rabid profit increases in the 1st quarter of 2008–I just ignore the line on "alternative energy" spending. That’s because it is often the opposite of renewable energy. Mother Jones magazine’s latest issue has the perfect description of why: "Across the […]

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Not the Gas Station's Fault

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21. April 2008

Not the Gas Station's Fault

4-21-08 by dugan   I imagine a fair number of drivers think the guy at the corner gas station is raking it in, with the price at the pump getting near–or beyond–$4.00 a gallon. But it ain’t so. The Oil Express newsletter (big subscription barrier, so no link), which is aimed at fuel retailers, notes […]

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Green Half-Truths

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2. April 2008

Green Half-Truths

4-02-08 by dugan     I didn’t get time yesterday to post on a House select committee’s grilling of executives from the major oil companies, but as the chairman, Rep. Ed Markey  of Massachusetts, pointedly said, "there will be many more." (If you’ve got a question you’d like to have posed to Big Oil, please […]

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Chevron in Iraq: Who'll Pay?

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25. March 2008

Chevron in Iraq: Who'll Pay?

3-25-08 by dugan   If the major oil companies start making deals to pump Iraqi oil, who will protect their investments? If these investments become "a fact on the ground" while the U.S. still occupies Iraq, won’t they become the responsibility of U.S. troops, and taxpayer resources? Unfortunately, it’s happening faster than most of us […]

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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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Record Prices Hammer Economy

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10. March 2008

Record Prices Hammer Economy

NEWS RELEASE March 10, 2008 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or Jamie Court, ext. 327 Daily Record Prices for Oil, Gasoline Hammer Consumers and U.S. Economy Group Calls for Swift Action to Curb, Regulate Energy Speculators, ‘Today’s Enron Rogues’ Santa Monica, CA — Congress and President Bush must take joint action against the speculators […]

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