7-11-08 by dugan I’ve heard many an oil executive say their company would be glad to build new refineries, but the government/the environmentalists won’t let it happen. President Bush has called for dumping environmental regulation…
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Archive | Author: Judy Dugan
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60 mph? Not gonna happen
7-11-08 by dugan Rep. Jackie Speier of California will get points from greenies, and from me personally, for suggesting a 60 mph speed limit to cut national oil consumption. But for a lot of reasons…
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Engrave it on the fender
7-10-08 by dugan The state of California will require all 2009 and later cars to be labeled with their global warming scores, as well as the current air pollution/smog scores. The 1-10 best-to-worst scores will…
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Airlines get it on speculation
7-10-08 by dugan The major airlines, which are teetering on the financial edge because of oil and fuel prices, are a little late to the party on the effects of unregulated oil markets. But…
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Beware T. Boone Pickens
7-9-08 by dugan I woke up this morning and found out that oilman T. Boone Pickens may save the Earth–at least according to much of the MSM. Here’s USA Today on energy billionaire Pickens’…
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Not a “whew” moment on oil
7-8-08 by dugan Having trashed the world’s major stock markets with $145-a-barrel crude oil, the oil market now is getting dinged because oil is too expensive for the world’s weakening economies to stomach. Here’s the…
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First Exxon Valdez, now BP
When we have a White House that opens its arms to the oil industry, we’re bound to end up with judges who have similar sympathies. So it was in the Supreme Court’s slash job on…
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U.S. loses in “barrel exchange”
07-2-08 by dugan I just ran across this pretty-scary rundown, by a real live options trader, of the effect of oil prices on the U.S. economy. Philip Davis sees oil’s price as unjustifiable, and a…
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Congress takes a holiday
06-27-08 by dugan It looks like Congress needs to rest up before doing anything about oil and gasoline prices. Our government is heading off for its long July 4 holiday after accomplishing nothing useful to…
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Government’s cracked crystal ball
06-26-08 by dugan It’s hard to do more than sputter over oil hitting $140 a barrel today, so let’s go for laughs. For instance, the federal Energy Information Administration’s 2008 predictions about oil. The EIA…
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Exxon Valdez and coastal drilling
06-25-08 by dugan Today’s big win by Exxon in the U.S. Supreme Court might make Americans think twice about letting Exxon and friends resume drilling for oil off the Atlantic and Pacific coasts. If the…
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$2-$3 gas? Not such a fairy tale
6-23-08 by dugan Today’s Congressional hearing on oil speculation sounded like an admission that the Emperor wasn’t wearing any clothes. Big guns in the financial industry told Congress that simply regulating out-of-control energy markets could…
Press Release
New Bills to Curb Oil Speculation
NEWS RELEASE: Congress Plans Action on Oil Market Speculation As Consumers Send Their Gas Bills to Legislators, White House New Legislation Aims at Taming Energy Markets; Consumer Watchdog Decries Likely Lack of Senate, White House…