9-3-09 by dugan If an oil giant finds a "giant" oil discovery, do oil prices respond with a sharp drop? Nope, because oil prices aren’t following anything except the stock market. BP trumpeted…
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Oil Price Spikes As Oil Profits Skid
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…
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A tar sands mole gets whacked
05-26-09 by dugan 05-27 update: The NRDC has agreed to remove itself from the "advisory committee" for the pro-oil sands study described below and and denounce or at least dispute the study’s findings. An e-mail…
Smoking Gun
Big hammer in hot fuel lawsuit
05-01-09 by dugan Last week I figured the vehement reaction of the fuel industry, as Costco agreed to sell gasoline adjusted for temperature, was because Costco was the first crack in the industry’s united front….
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Dancing a contango with big oil
04-29-09 by dugan The poor little oil companies are reporting profits that are way down, though only in comparison to the last three record-busting years of picking consumers clean at the pump. But they’re making…
Press Release
BP’s 3rd Qtr Profit $10+ Billion
BP’s Outlandish Profits Have Inflicted Serious Damage on Consumers and Whole Economies, Says Watchdog BP Profit, Including Inventory, More Than Doubles from Year Ago to Over $10 Billion on Spiking Oil Prices CONTACT: Judy Dugan,…
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Stevens, the biggest fish
10-27-08 by dugan Alaska’s big oil producers should be quivering a little after Sen. Ted Stevens’ conviction for lying about big gifts from an oilfield company. Here’s the connection: Bill Allen, the oilfield company executive…
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Musical chairs in big oil
10-26-08 by dugan If the oil business were competitive, somebody might feel sorry for BP. The British-based oil giant dropped today to No. 4 among the Big 5 companies, dipping below Chevron in total worth….
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Silence of the Greens
10-2-08 by dugan OilWatchdog loathes greenwash P.R. by oil companies pretending to be good green citizens. But a revelatory new book points to major environmental groups as enablers of this corporate greenwash. Christine…
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Palin’s big fat oil tax
9-4-08 by dugan In her first speech Wednesday as a VP candidate, Sarah Palin got whooping cheers for her accomplishments as governor of Alaska, including a big state budget surplus. But Palin didn’t mention how…
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Alaska: Big Oil in charge?
7-29-08 by dugan Here’s another thread in the federal corruption case against Sen. Ted Stevens of Alaska. The company tied to Stevens, Alaska oilfield servicer VECO, also did a lot of political dirt in the…
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Alaska, the U.S. oil-state
7-29-08 by dugan Alaska being the closest thing in the U.S. to an oil nation, it didn’t take long to find a connection between newly indicted Sen. Ted Stevens and British-owned BP, a major driller…
Press Release
BP Posts Record 2nd Qtr Profits
NEWS RELEASE: BP Profits: ‘Congratulations Are Not In Order,’ Says Consumer Watchdog New Quarterly Records Show Oil Companies ‘Spiting the Future For the Sake of Cash in Hand’ CONTACT: Judy Dugan, 310-392-0522 ext. 305, or…