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Gas Hits $4 in KC Area

23. May 2008

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Gas Hits $4 in KC Area

It’s Here: Gas Hits $4 In KC Area By Steve Everly, THE KANSAS CITY STAR May 23, 2008 Four dollars and rising. Soaring oil prices have pushed the average price of premium gasoline in the Kansas City area past $4 a gallon for the first time. Other fuel grades, including regular, appear poised to follow. […]

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'Hot Fuel' Adds To Pump Pain

23. May 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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Chevron Can Hike Water Rate 89%

20. May 2008

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Chevron Can Hike Water Rate 89%

Commission Votes to Allow Casmalia Water Rate Increase Rates May Rise 89 Percent By Malia Spencer, THE SANTA MARIA TIMES (CA) May 20, 2008 The California Public Utilities Commission has decided that the utility supplying water to the tiny community of Casmalia can raise its rates to produce an 89 percent increase in revenue. Casmite […]

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Op-Ed: Big Oil & Water

15. May 2008

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Op-Ed: Big Oil & Water

The following Op-Ed Commentary by Consumer Watchdog’s John M. Simpson, was published in the San Francisco Chronicle on Thursday, May 15, 2008: They say oil and water don’t mix. Maybe that’s why Chevron is so tone-deaf in its dealings with a small California town that depends on the oil company for its water. Chevron, which […]

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Squeezed At Both Ends

14. May 2008

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Squeezed At Both Ends

Squeezed At Both Ends — Independent Refiners Watch Profits Sink As Consumption Falls By Jad Mouawad, THE NEW YORK TIMES May 14, 2008 While drivers are facing sticker shock at the pump these days, here is a bigger shock: high prices are putting a strain on oil refiners. After last year’s stellar profits, American refiners […]

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Big Oil's Sinkhole

12. May 2008

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Big Oil's Sinkhole

Big Oil’s Sinkhole: (editorial cartoon by Nick Anderson, Houston Chronicle)

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Small Profits for Gas Stations

11. May 2008

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Small Profits for Gas Stations

Record Oil Company Earnings Haven’t Trickled Down to Gas Stations By Laura Hancock, DESERET NEWS (Utah) May 11, 2008 BOUNTIFUL, UT — During the first week in May, Doug Olson sold fuel at a loss. The co-owner of Slim Olson’s gas stations in Bountiful and Woods Cross charged customers $4.25 for a gallon of diesel […]

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Pump Prices Up At Dawn

9. May 2008

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Pump Prices Up At Dawn

Prices at the Pump Up at Dawn, Some by 20 Cents By Laura Stevens, ARKANSAS DEMOCRAT-GAZETTE Some gas stations in Arkansas raised regular by 20 cents overnight as record-setting oil futures gave retail prices a hefty boost Thursday. The record state average of $3.52 for regular trailed those pacesetters but nevertheless has risen 28 cents […]

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Chevron Commits to "Alt" Energy

7. May 2008

Chevron Commits to "Alt" Energy

Chevron Commits to ‘Alt’ Energy By George Avalos, CONTRA COSTA TIMES (CA) May 07, 2008 Chevron Corp. will spend $2.5 billion on alternative and renewable energy technologies, part of its push to develop new kinds of energy, the company said Wednesday. San Ramon-based Chevron said it expects to spend the money over a three-year period […]

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Talk About Taxing Big Oil's Profits

6. May 2008

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Talk About Taxing Big Oil's Profits

Taxing Oil Profits: Proceed With Caution Politicians are dying to get at more of Big Oil’s billions, but analysts are torn about what that will do to prices or future energy sources. By Steve Hargreaves, CNNMONEY.COM May 06, 2008 NEW YORK, NY — Politicians are eyeing oil profits like a fat juicy glazed ham. With […]

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