Gasoline Price In State Leaps 20¢ In Week Mideast Conflict, Natural Gas Dispute Raise Cost Of Oil, But It’s Retreating Again By Laura Stevens, ARKANSAS DEMOCRAT-GAZETTE January 9, 2009 Global conflict and rising crude oil…
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Don’t Get Used To Cheap Oil
Don’t Get Used To Cheap Oil, Analysts Say By John Porretto, ASSOCIATED PRESS January 12, 2009 HOUSTON, TX — All that money you’re saving these days at the gas pump? You might want to put…
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Gas Price In AR Leaps In Week
Gasoline Price In State Leaps 20¢ In Week Mideast Conflict, Natural Gas Dispute Raise Cost Of Oil, But It’s Retreating Again By Laura Stevens, ARKANSAS DEMOCRAT-GAZETTE January 9, 2009 Global conflict and rising crude oil…
Blog Post
Mini-Me speculative frenzy
1-2-09 by dugan Remember those crazy gyrations of crude oil prices last spring and summer? Price gyrations of more than 10% in a day for no economically rational reason, as crude oil marched to $145 a…
Blog Post
How to kill green energy
12-11-08 by dugan Two or three of us at Consumer Watchdog, OilWatchdog’s parent group, have gotten calls today asking our endorsement for the city of Los Angeles’ "Green Energy/Good Jobs Act" on the city’s March…
Blog Post
Why’s gas so cheap? Or is it?
11-20-08 by dugan I’ve been asked a lot lately about why "gasoline is so cheap." Yet the question itself is a result of short memories. Gasoline is certainly a ton cheaper than in July,…
Blog Post
Exxon’s go-slow strategy backfires
Here’s a case that lights up Exxon’s strategy of reaping all the profit it can, while balking at actually developing new U.S. oil and natural gas resources. Exxon and a few partners recently lost their…
Blog Post
Voters saw through Pickens
11-6-08 by dugan California was the tip on Boone Pickens’ spear. His Proposition 10, demanding taxpayer billions to finance a new market in natural gas fuels (Pickens’ chief business). It was obviously a first shot…
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The Players Club
The Players Club By Phillip Matier & Andrew Ross, SAN FRANCISCO CHRONICLE November 3, 2008 Politics has long been the playground of millionaires. This election, however, the billionaires have taken over the table. The biggest…
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Exxon Beats Own Profit Record
Exxon Beats Own Record for Earnings in Quarter It posts net income of $14.83 billion, the biggest profit ever for a U.S. company, amid sky-high oil prices. By Ronald D. White, LOS ANGELES TIMES October…
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Exxon Posts Biggest Profit Ever
ExxonMobil Posts Biggest US Quarterly Profit Ever By John Porretto, ASSOCIATED PRESS October 30, 2008 HOUSTON, TX — Another quarter and more record U.S. profits for Exxon Mobil. Yet even as earnings surged for major…
Press Release
Exxon, Shell Post Record Profits
Exxon, Shell Profit Records Cap an Orgy That Weakened U.S., World Economies, Says Group ‘Consumers Now Know Where Their Money Went’; Congress, White House Must Prevent a Repeat of Costly Energy Bubble CONTACT: Judy Dugan,…
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Hefty Oxy & BP Profits
Hefty Profits Leave Big Test for Oxy, BP Momentum Could Fade in the Wake of Crude’s Steep Price Decline By Ronald D. White, LOS ANGELES TIMES October 29, 2008 The oil-profit gusher continued Tuesday with…