RSS feed for this sectionArchive | Natural Gas

Press Release

Lights Out for Enron Loophole

CONTACT:

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 […]

Continue reading...

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 […]

Continue reading...

Chevron Notches Record 1st Qtr

3. May 2008

29 Comments

Chevron Notches Record 1st Qtr

Chevron Notches Record First-Quarter Profit By David R. Baker, SAN FRANCISCO CHRONICLE May 03, 2008 The same high oil prices that are taking a bite out of the economy brought Chevron Corp. its biggest first-quarter profit ever, a $5.17 billion record that will likely add to the public outcry over fuel costs. San Ramon’s Chevron […]

Continue reading...

Exxon's $10.9 Billion 1st Qtr

2. May 2008

1 Comment

Exxon's $10.9 Billion 1st Qtr

Exxon’s $10.9 Billion in Profit Disappoints Street Prices at the Pump Aren’t Keeping Pace with Rising Oil By Edward Iwata, USA TODAY May 2, 2008 Houston-based ExxonMobil, the No.1 publicly traded oil company in the world, rode record crude oil prices to $10.9 billion in first-quarter earnings Thursday, despite lower production of oil. ExxonMobil’s 17% […]

Continue reading...

Occidental's Record High Profit

25. April 2008

4,528 Comments

Occidental's Record High Profit

Occidental’s Profit Soars 53% to Record High on Surging Oil Prices By Tiffany Hsu, LOS ANGELES TIMES April 25, 2008 Buoyed by booming energy prices and output, Westwood-based Occidental Petroleum Corp. said Thursday that first-quarter profit leaped 53% to an all-time high. Analysts predicted continuing good fortune for the company but warned that a slowing […]

Continue reading...

Press Release

Upside, Downside on Gas Tax Relief

CONTACT:

15. April 2008

Upside, Downside on Gas Tax Relief

4-15-08 by dugan     The big upside of Sen. John McCain’s proposal today to suspend the 18.4-cent federal gasoline tax through this summer is that it’s simple and popular: Get rid of a tax and reduce the price of gasoline immediately. Those aren’t little points, with the prices of oil, gasoline, diesel, natural gas […]

Continue reading...

Oil Execs Say "Don't Blame Us!"

2. April 2008

18 Comments

Oil Execs Say "Don't Blame Us!"

Oil Firms Aren’t to Blame for Prices, Execs Tell House Panel Growing demand and curbs on U.S. drilling are among reasons they cite for record highs at the pump. By Sarah D. Wire, LOS ANGELES TIMES April 02, 2008 WASHINGTON DC — Executives from the five largest oil companies told a House panel Tuesday that […]

Continue reading...

Press Release

Better Late, Etc…

CONTACT:

20. March 2008

Better Late, Etc…

3-20-08 by dugan   Just as the oil bubble shows its first holes, the New York Times gets around to a real, meaty story on the dangers of unregulated commodity markets. It’s a story that could have made a difference in pushing Congress to do something before oil hit $90, much less $111. But reporter […]

Continue reading...

Press Release

Deadly Plug-In Hybrids!

CONTACT:

14. March 2008

Deadly Plug-In Hybrids!

3-14-08 by dugan   I’m happy to admit that Earth would be better off if we all hiked or biked to work, got our power from solar panels on the roof, wore parkas indoors rather than indulging in central heat and ate grains and vegetables grown organically within walking distance of home. Short of that, […]

Continue reading...

Speculation Keeps Oil High

24. February 2008

204 Comments

Speculation Keeps Oil High

The San Diego Union-Tribune February 24, 2008 by Dean Calbreath Speculation helping keep price of oil stratospheric As the price of oil jumped above $100 per barrel last week, pundits were falling over themselves to come up with explanations for the price spike. Maybe it was that oil-refinery explosion in Texas, they said. Or maybe […]

Continue reading...
Secured By miniOrange