Tag Archive | "profits"

Shell & BP Record 1st Qtr Profits

Tuesday, April 29, 2008

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Shell & BP Record 1st Qtr Profits

NEWS RELEASE:  April 29, 2008 Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group CONTACT: Judy Dugan, cell: 213-280-0175; or John Simpson, 310-392-0522, ext. 317 Santa Monica, CA — The first-quarter record profits reported […]

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Conoco's Profit = Higher Gas $

Thursday, April 24, 2008

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Conoco's Profit = Higher Gas $

NEWS RELEASE:   Consumer Group Sees Warning in Oil Profit Report that Refining Profits Set to Rise, Spiking Gasoline Prices Further    Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California CONTACT: Judy Dugan, 310-392-0522, ext. 305; or Tim Hamilton, 360-495-4941 April 24, 2008 Conoco Phillips’ CEO all but apologized for his […]

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Not the Gas Station's Fault

Monday, April 21, 2008

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Not the Gas Station's Fault

4-21-08 by dugan   I imagine a fair number of drivers think the guy at the corner gas station is raking it in, with the price at the pump getting near–or beyond–$4.00 a gallon. But it ain’t so. The Oil Express newsletter (big subscription barrier, so no link), which is aimed at fuel retailers, notes […]

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Demand for White House Action

Monday, April 21, 2008

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Demand for White House Action

  April 21, 2008     News Release Contact: Judy Dugan, 310 392-0522, ext. 305 White House Silence, Inaction on Pump Price Spike is Opposite of Bush 2006 Response, Says Group   Consumers, Economy Are Buckling Under Gasoline and Diesel Price Records As Government Stays Mum The 16-cent national rise in gasoline prices over two weeks, […]

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Why You Can't Afford Gasoline

Thursday, April 17, 2008

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Why You Can't Afford Gasoline

4-17-08 by dugan     The government will never willingly change the duplicitous way it calculates inflation, which is why it doesn’t get written about much. So it’s worth pointing out a good column by Dean Calbreath of the San Diego Union today, on the damage done by excluding energy and food prices from so-called […]

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Bush Blames $115 Oil on OPEC

Wednesday, April 16, 2008

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Bush Blames $115 Oil on OPEC

NEWS RELEASE:  CONTACT: Judy Dugan, 310-392-0522 ext. 305; or cell, 213-280-0175 April 16, 2008 New Oil Price Spike to $115 a Barrel Shows a "Two-Faced" White House That Takes Oil Off U.S. Markets While Blaming OPEC Consumer Watchdog Renews Call for Bush to Stop Buying Oil for U.S. Reserve, Release Oil to Dampen Price Santa […]

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Fuel Spike Demands DC Action

Friday, April 11, 2008

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Fuel Spike Demands DC Action

NEWS RELEASE: April 11, 2008 CONTACT: Judy Dugan, 213-280-0175; or Jamie Court, 310-392-0522, ext. 327 Relentless Fuel Price Spike Demands White House Action, Says Consumer Watchdog Group Asks President to Deflate Oil Markets With Immediate Releases From Strategic Reserve Santa Monica, CA — As gasoline and diesel prices reached another daily record price today, Consumer […]

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White House Oil Hoarding

Wednesday, April 9, 2008

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White House Oil Hoarding

4-09-08 by dugan   Government boosts price of oil and gasoline! The actual big headline today is dual records for the price of oil (over $112 a barrel) and gasoline ($3.43 a gallon, up 22 cents in a month). The usual analysts noted a decline in U.S. crude oil supplies. And buried in a pile […]

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Where's Congress, White House on Gas Prices?

Monday, April 7, 2008

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Where's Congress, White House on Gas Prices?

NEWS RELEASE:  April 07, 2008  Gallon of Regular Gasoline Spikes Nearly a Nickel in a Week, 17 Cents Since March 3 Refineries’ Profit Surge Comes On Top of Record Profits Reaped From High Oil Prices; Group Asks, “Where’s the White House? Where’s Congress?” CONTACT: Judy Dugan, 310-392-0522, ext. 305,  Santa Monica, CA — At the […]

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Green Half-Truths

Wednesday, April 2, 2008

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Green Half-Truths

4-02-08 by dugan     I didn’t get time yesterday to post on a House select committee’s grilling of executives from the major oil companies, but as the chairman, Rep. Ed Markey  of Massachusetts, pointedly said, "there will be many more." (If you’ve got a question you’d like to have posed to Big Oil, please […]

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