04-29-08 by simpson Oil giant ExxonMobil is as secretive as its competitors in Russia and China, according to a report just released by Transparency International, a global organization fighting corruption. "The tragic paradox, that many…
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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:…
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Oil’s ‘Alternative Energy’ Scam
4-22-08 by dugan When I look at oil company profit reports–which will soon reveal truly rabid profit increases in the 1st quarter of 2008–I just ignore the line on "alternative energy" spending. That’s because it…
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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…
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The ‘Killer Biofuels’ Claque
4-18-08 by dugan Global warming denial is a nearly lost cause, so its proponents have a new issue: killer biofuels. Their simple, effective message is that biofuels–all of them–are the cause of rising food costs. Thus…
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Happy, Happy Days for Oil
4-11-08 by dugan Maybe you can only afford to fill your gas tank halfway these days, but I’m sure Big Oil is thanking you. A Bloomberg survey of the profit landscape looks like…
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Grease Rustlers Unite!
This wacky tale of grease rustling at a Northern California Burger King spins off a lot of threads. The police report said the wild-haired suspect was siphoning his 300-gallon haul of used fryer grease into…
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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…
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Chevron in Iraq: Who’ll Pay?
3-25-08 by dugan If the major oil companies start making deals to pump Iraqi oil, who will protect their investments? If these investments become "a fact on the ground" while the U.S. still occupies…
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The Great Spring Ripoff
3-23-08 by dugan Yep, oil prices kept dropping over the weekend, down about 9% over the last week. But gasoline prices hit a new record of $3.26 nationally on Sunday. So did diesel, at…
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Exxon’s EZ Profit Strategy
3-21-08 by dugan When you’ve got a product that the world can’t live without, it doesn’t pay to make more of it. That’s how Exxon sees it, as explained in detail in a…
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Greasing Government’s Wheels
33/20/08 by simpson What’s it take to keep government chugging along smoothly in your favor? In Exxon Mobil’s case, the oil giant’s executives opted to plunk down $16.9 million in 2007 to lobby the federal…
Press Release
CA Gas Price Tops Hawaii
NEWS RELEASE – Contact: Judy Dugan, 310-392-0522, x 305 (cell: 213 280-0175), or Jamie Court, x 327 Californians Say Aloha (in the Bye-Bye Sense) to Their Savings — State Gasoline Price Tops Hawaii California’s Record…