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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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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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Record gas prices by spring

13. February 2008

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Record gas prices by spring

Gasoline prices, already up 72 cents a gallon over a year ago, are poised to go higher — possibly shattering records. The federal Energy Information Administration on Tuesday projected the price of regular gasoline, now averaging $2.96 a gallon nationwide, will hit a monthly average near $3.40 by spring. The prediction of higher prices comes […]

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Refiners' profit streak could fade

31. August 2007

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Refiners' profit streak could fade

The Houston Chronicle (Texas) August 31, 2007 by Brett Clanton, Houston Chronicle Refiners’ profit streak could fade Soaring gasoline prices this spring and summer may have pinched drivers, but they helped U.S. oil refiners rack up huge quarterly profits and extend a hot earnings run that began several years ago. Refining profits for 22 of […]

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"Motor Fuel Rip-off Notice" Stickers

25. August 2007

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"Motor Fuel Rip-off Notice" Stickers

The Kansas City Star (Missouri) August 25, 2007 by Steve Everly, The Kansas City Star California group offers free stickers of displeasure on hot fuel "Warning. Motor Fuel Rip-off Notice." That message of displeasure is on a sticker a California group is offering to warn motorists about "hot fuel" — the effect of temperature fluctuation […]

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Exxon tries to cool "hot fuel"

10. August 2007

Exxon tries to cool "hot fuel"

The San Francisco Chronicle August 10, 2007 by David R. Baker, Chronicle Staff Writer ExxonMobil using tiny stickers to cool disparity over hot fuel ExxonMobil Corp. has put stickers on its gas pumps in California and Arizona warning motorists that the amount of energy they get from each gallon will change depending on the temperature. […]

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Press Release

Exxon Admits “Hot Fuel” Ripoff

CONTACT:

17. July 2007

Exxon Admits “Hot Fuel” Ripoff

NEWS RELEASE July 17, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175 ExxonMobil Pump Decals Will Admit "Hot Fuel" Ripoff to Consumers; Group Demands the Next Step: Fix the Problem Santa Monica, CA — ExxonMobil will put decals on its gasoline pumps in California and Arizona acknowledging that "hot fuel" may not deliver […]

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Press ReleaseNews Clipping

Soon, the Monolith

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5. July 2007

Soon, the Monolith

07-5-07 by dugan   Someone recently asked me why Shell sold its mega-profitable Southern California refinery to the refining company Tesoro. Umm, I dunno, was my brilliant reply. Today, there’s a blazingly obvious answer, but it’s strictly a rumor. A published but unsourced report in London says Britain’s BP and the Dutch-based Shell are reviving […]

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Press Release

Independent vs. Big Oil Refineries

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5. July 2007

Independent vs. Big Oil Refineries

07-5-07 by dugan      I hadn’t noticed this comment by OilWatchdog user "Julie" until recently, but she makes a point to think about. I had praised Tesoro for its plans to upgrade the old refinery it bought from Shell in Southern California, and to make more California-grade gasoline. She retorted that it just means […]

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Lawmakers Seek 'Hot Fuel' Action

3. July 2007

250 Comments

Lawmakers Seek 'Hot Fuel' Action

The Kansas City Star July 3, 2007 by STEVE EVERLY, The Kansas City Star Fourteen lawmakers seek action on ‘hot fuel’ It’s time to deal with the "simply unacceptable" practice of selling consumers fuel not adjusted for temperature, 14 members of Congress have told the National Conference on Weights and Measures. In a letter sent […]

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