06-11-07 by dugan Here’s the best story I’ve seen on why your local gas station isn’t to blame for any part of this year’s astronomical gasoline prices. USA Today shows us how station owners are…
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What Would Tesoro Do?
06-04-07 by dugan Wow. A refiner makes a business decision that also benefits consumers. Pop the Champagne! The LA Times reports today on the decision by Tesoro Corp., a Texas-based refining company, to modernize and…
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The Ultimate Merger Chart
05-30-07 by dugan Here’s the oil industry merger chart I’ve been looking for — from the unimpeachable Government Accountability Office. No more is needed to know why the industry isn’t competitive. And here’s a story…
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Yes, Blame the Oil Companies
05-28-07 by dugan The LA Times editorial page awaited me on return from a few days off, and it banished the glow of relaxation. “Don’t Blame Oil Companies” for high gasoline prices, said the editorial…
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Defining Gouging
5-24-07 by Court TV is buzzing about the House of Representatives passage of new legislation to restrict gasoline price gouging. The laudable goal is to restrict unconscionable prices, and it is laudable that the debate…
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Blowing Smoke About Prices
By Simpson 05-11-07 API, formerly and more accurately known as the American Petroleum Institute, is behind misleading full-page newspaper advertisements trying to blame the price of crude oil for the daily outrage at the nation’s…
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Listen To Your Workers
By Simpson05-10-07 ConocoPhillips refinery workers showed up at the Big Oil company’s annual meeting and warned that budget cuts are compromising plant safety. It’s nothing new in the industry. Remember the worst industrial disaster in…
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Duke Latest To Join big Oil U
By Simpson05-09-07 Duke University is the latest institution to join Big Oil U with a pledge of $1 million from ConocoPhillip’s for the school’s Climate Change Policy Partnership (CCPP). The university describes the CCPP as…
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Chicken Biodiesel May Not Fly
By Simpson05-01-07 ConocoPhillips and Tyson Foods announced a green sounding deal to make biodiesel fuel from leftover chicken parts, but Congressional Democrats are skeptical of a tax break the plan rests upon. According to the…
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Venezuela pulls control from BigOil
Venuezuela pulls control from Big OilBy Mark Reback5/1/07 It’s no surprise that Venezuelan President Hugo Chavez did what he said he would: Take majority control of the Orinoco oilfields of Chevron, Exxon Mobil, BP and…
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Insider: Another Dime Per Gallon This Week?
05-01-07 by Dugan OilWatchdog’s Insider is sounding the alarm about substantial new gasoline price increases in the pipeline in California. He told us last Friday about wholesale delivery increases of 8 cents to 10 cents…
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A Connect-the-Dots Moment
04-27-07 by Dugan Here’s news that screams “Brought To You By Big Oil” Well-reported stories from the AP and USA Today report a sharp oil price jump after news of a foiled Al Qaeda…
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Big Week for Big Oil
This is 1st quarter profit week for Big Oil. BP Tuesday, Conoco Wednesday, Exxon Thursday and Chevron Friday (Shell not until next week). Yet another record? We’ll be writing about it.