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Press Release

$5 a Gallon Knocks Out Truckers

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23. May 2008

$5 a Gallon Knocks Out Truckers

5-23-08 by dugan There’s no one harder hit by fuel prices than the nation’s truckers, and they’re going bankrupt at near record rates. The price of diesel jumped a nickel a gallon nationwide today, to $4.649, which is $1.72 a gallon above the price a year ago. In California, diesel is on average just three […]

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Press Release

Copy-Machine Oil Hearings

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22. May 2008

Copy-Machine Oil Hearings

5-22-08 by dugan     Watching the same pack of oil executives troop to the House of Representatives today and the Senate yesterday was mostly a deja vu experience. The execs’ canned testimony was from the same outline they used earlier this year and in 2005 and 2006 hearings–high prices aren’t our fault; everything will […]

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Press Release

"Hot Fuel" Fix Urgent

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22. May 2008

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"Hot Fuel" Fix Urgent

NEWS RELEASE Zooming Oil Price Makes "Hot Fuel" Fix More Urgent as Memorial Day Approaches Consumer Groups Criticize Oil Industry Resistance to Fixing Hidden Charge at Pump That Costs U.S. Drivers Close to $3 Billion Yearly CONTACT: Judy Dugan, 310-392-0522, x305 May 22, 2008 Washington, D.C. — As Memorial Day kicks off the summer driving […]

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Press Release

Blame Exxon for Housing Crisis, Too

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22. May 2008

Blame Exxon for Housing Crisis, Too

5-22-08 by dugan The link between skyrocketing oil prices and food prices, for instance, or airline bankruptcies, is obvious and immediate. But the housing crisis? A new study makes the case: a direct correlation between commuting distances and collapsing prices. The group CEOs for Cities, which encourages urban revitalization, says: A new analysis shows that […]

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Press Release

Brits' Cold Shoulder to Exxon

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19. May 2008

Brits' Cold Shoulder to Exxon

8-19-08 by dugan The shareholder revolt against Exxon is going global. Four big institutional investors in Britain have joined a shareholder resolution demanding that Exxon have an independent chairman of the board, and the new support should bring the chance of passage to about 50-50. Currently, the chairman title is just another perk for CEO […]

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Press Release

Thanks Again, Goldman Sachs

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18. May 2008

Thanks Again, Goldman Sachs

8-18-08 by dugan Just as the White House grudgingly agreed to stop buying record-priced oil for the federal Strategic Petroleum Reserve and Saudi Arabia grudgingly agreed to put 300,000 more barrels a day of oil into the market, the investment bank Goldman Sachs made another self-serving prediction. It called Friday for $141-a-barrel oil for the […]

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Press Release

Bush Forced to Cap Oil Reserve

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16. May 2008

Bush Forced to Cap Oil Reserve

White House Forced to Cap Oil Reserve; Should Embolden Congress to Push for More To Drop Energy Prices Consumer Watchdog Calls for Sales from Reserve, Warning to Refineries, Swift Action on Oil Trading Curbs Judy Dugan, 213-280-0175 (cell); or John M. Simpson, 310-392-0522, x317   Santa Monica, CA — The Energy Department’s announcement that it […]

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Press ReleaseNews Clipping

Greasing The Wheels

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16. May 2008

Greasing The Wheels

5-16-08 by simpson Chevron Corp. just gave $100,000 to Gov. Schwarzenegger’s Dream Team Committee making the oil giant the 14th biggest contributor to Arnold since 2003. Chevron has given his various committees a total of $765,800. The most recent infusion of cash came on May 5 just before the Public Utilities Commission signed off on […]

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Press Release

Hybrids Making $ense

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15. May 2008

Hybrids Making $ense

5-15-08 by dugan     Early adopters of the Prius and other gas-electric hybrids weren’t doing it for the money, since the extra cost would take five or more years to make up with gasoline savings. Not so now. At current gas prices, at least some models really are both cheaper and cleaner. For instance, […]

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Press Release

Lights Out for Enron Loophole

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15. May 2008

Lights Out for Enron Loophole

5-15-08 by dugan     The sweeping farm bill that passed the Senate today and is headed for President Bush’s desk is more pork than policy, but I’m still celebrating. OilWatchdog’s most-wanted bill to curb energy speculation was tucked into the farm legislation. The measure, now almost certain to become law, will close the so-called […]

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