Oil Watchdog aims to curb oil company profiteering and to promote conservation and the use of cleaner fuels.
Oil companies must be forced to encourage (instead of prevent) the sale of biofuels at their gas stations, and to offer all fuels at a fair price. Outlandish profits on gasoline go only to company coffers, not to the development of alternatives. Until robust alternatives exist, drivers should not be pickpocketed to give Big Oil more than $100 billion a year in profits, with CEO pay of up to $400 million a year.
Real reform requires regulation of the uncompetitive, price-fixing fuel refining industry alongside government promotion of conservation and commercial development of renewable fuels.
California’s Step 1 Against Price Gouging: Demanding More Info from Refiners
Congressional Price Gouging Bill, Would Fund Renewable Fuels
Rep. Kucinich Presses Oil Companies on Supply, E85, Hot Fuels
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