Press Release
Oil Price Spike, As Exxon And Others’ Profit Skids, Shows Potential For New Economy-Killing Energy Roller Coaster, Says Consumer Watchdog Profit Reports Offer More Proof That Oil Prices Are Disconnected From Actual Petroleum CONTACT: Judy…
Blog Post
7-28-09 by dugan Last fall, the Bush administration said all that business with oil hitting $147 a barrel and gasoline at over $4.00 a gallon was just supply and demand at work. Today–big oops!…
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7-27-09 by dugan Shoulda been a big gain for the environment: Turn in your gas-guzzling clunker for a federal credit up to $4,500 to buy a cleaner car. Not much cleaner, it turns out:…
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7-21-09 by dugan Is it hot out? Well, so’s your gasoline. You’re losing a few cents a gallon each time you fill up at the pump. And no, with today’s insulated underground tanks,…
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7-13-09 by dugan Investment bank Goldman Sachs is about to report an eye-popping profit increase, leaving the rest of the economy in the dust. That should remind us of Goldman’s key role in the energy-price…
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Gary Gensler made news today by repeating some earlier pledges to get speculative oil markets under control. He has to act soon. If oil prices can hit $70 a barrel in this economy, they’ll shoot back up to $140 a barrel, with $4-a-gallon gasoline, at the slightest encouragement.
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7-7-09 by dugan The big energy bill produced by the House of Representatives is jammed with billions of dollars of concessions to the U.S. coal industry, pinned to the promise that coal-burning industries will,…
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7-2-09 by dugan Here’s a great explanation, copublished by Greenwire and the New York Times online, of how the oil and energy industries steadily weakened the big climate change bill in Congress, and why…
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06-30-09 by dugan I choked on my black-bean enchilada when an e-mail alert popped up about a new bill in the Senate. Oklahoma oil and natural gas billionaire T. Boone Pickens, who failed miserably last…
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06-30-09 by dugan Chevron keeps throwing money at the lawsuit by Ecuadoran peasants whose land and water were spoiled by oil drilling’s toxic leftovers. The oil giant wants the suit to go away, or at…
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6-26-09 by dugan I’m certainly not a big fan of the House energy and climate bill that received a fake debate and a mini-filibuster before passing 219-212 in the House of Representatives today. By fake,…
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6-22-09 Nothing changed in the real world today–economy still shrinking, gasoline consumption near 10-year lows. But speculators who doubled the price of crude oil and sent prices at the pump shooting up got some kind…
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06-17-09 by dugan Chevron’s evasions about its "upgrade" of a Northern California refinery to process dirtier, heavier oil got in well-deserved trouble with a state judge recently, thanks to unrelenting pressure from people who live…
