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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Archive | Companies
RSS feed for this sectionMonitoring the activity of the industry’s largest companies.
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Who’s killing the U.S. dollar?
08-28-09 by dugan Did you hear the one about how the Bush administration used the wrong calculations last year when it declared that it wasn’t financial speculation causing the huge oil spike price? It’s…
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Celebrate Oil Day!
Here’s something even more fun than the oil industry’s mass recruitment of employees to stage industry-funded "citizen protests" against U.S. caps on climate-destroying oil emissions. The Ayn Rand Institute asks us all to celebrate…
News Clipping
Brazil Finds Big Oil
Alternative Energy Powerhouse Brazil Finds Big Oil August 24, 2009 By Bradley Brooks, ASSOCIATED PRESS Brazil, long proud of its push to develop renewable energy and wean itself off oil, has a bad case of…
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Economic recovery vs. oil
08-22-09 by dugan If a few slightly cheerful sentences from Fed Chairman Ben Bernanke can spike the price of oil to a record for the year, the economy is in serious trouble. There’s no…
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Exxon: Dead birds’ big message
08-14-08 by dugan It doesn’t sound like a lot–Exxon pleads guilty in federal court to killing 85 birds over 5 years, pays $600,000 in fines and fees. It’s a drop in the bucket for…
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How to buy a climate policy
California has a forward-looking climate policy, but everything depends on how it’s implemented. And buying the face time band private access needed to make things better for industry just gets easier: the state Chamber…
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Nissan’s oil liberation car?
After the General Motors EV-1 got torn from owners’ hands and sent to the crusher, all-electric cars for the mass market seemed doomed. Even electric sports-car maker Tesla, of the $180,000 zoomer, priced its…
Press Release
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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Big about-face on speculation
7-28-09 by dugan Last fall, the Bush administration said all that business with oil hitting $147 a barrel and gasoline at over $4.00 a gallon was just supply and demand at work. Today–big oops!…
News Clipping
Energy Co’s Pay Regulators’ Way
Energy Firms Help Pay For State Regulators’ Far-Flung Trips By Tom Knudson, SACRAMENTO BEE July 26, 2009 State officials who lead California’s war on global warming often travel abroad on trips supported by the major…
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“Junker” bonus: More GM welfare?
7-27-09 by dugan Shoulda been a big gain for the environment: Turn in your gas-guzzling clunker for a federal credit up to $4,500 to buy a cleaner car. Not much cleaner, it turns out:…
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Hot fuel fix rises from the dead
7-21-09 by dugan Is it hot out? Well, so’s your gasoline. You’re losing a few cents a gallon each time you fill up at the pump. And no, with today’s insulated underground tanks,…