Budget Measures’ Backers Pay Up To Avoid Added Taxes Alcohol, tobacco and oil firms, sports teams and studios could bear a larger fiscal burden if voters say no on May 19. By Eric Bailey, LOS…
News Clipping
Archive | Companies
RSS feed for this sectionMonitoring the activity of the industry’s largest companies.
BP | Chevron | Conoco | ExxonMobile | Occidental | Shell | Tesoro | Valero | Coal | Natural Gas | Koch Industries
Blog Post
Truth from CNBC!
05-08-09 by dugan I don’t know why CNBC has suddenly gotten honest about what’s driving oil prices. Maybe Jon Stewart’s skewering of the network for its clueless economic cheerleading before the meltdown? In any case,…
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….
Press Release
Exxon 1st Qtr Profit More Normal
Exxon Profit at 2003-04 Levels ‘Shows What Normal Looks Like,’ Says Consumer Group Santa Monica, CA — Exxon Mobil’s first quarter profit of $4.55 billion dollars is small only by comparison to the last six…
Blog Post
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…
Blog Post
Running scared on hot fuel
04-27-08 by dugan A retail fuel industry publication sent out this story today, making every argument it could think of against Costco’s agreement to sell gasoline that is adjusted for temperature so motorists get the…
News Clipping
Costco Settles ‘Fair Fuel’ Lawsuit
Costco Settles ‘Fair Fuel’ Lawsuit By Staff Writers, CSNEWS.COM April 27, 2009 NEW YORK, NY — Costco last week agreed to settle a lawsuit over the sale of hot gasoline — gasoline above 60 degrees…
Blog Post
No sacrifice for Chevron
Check out this great video that draws a straight line between Chevron’s lavish contributions to Gov. Arnold Schwarzenegger and the dismal ballot choices for plugging the awful state budget hole. We don’t have any position…
Press Release
Costco Hot Fuel Deal Applauded
Consumer Group Applauds Costco for Deal to Sell ‘Fair Fuel,’ Ending Hot Fuel Ripoff Agreement for Costco Gas Stations Would Adjust Fuel for Temperature in Several States. Oil Companies Will be ‘Making Fairness Illegal’ if…
Blog Post
Biofuels’ bad rap needs do-over
04-20-09 by dugan The biofuel industry was robbed by the California Air Resources Board, says a letter today from scientists at the Sandia National Laboratories. The biofuels industry has been crying foul since the California…
Blog Post
Costco ‘Hot Fuel’ fix, almost
4-20-09 by dugan Great news–the legal paper Daily Journal (subscription barrier) said Friday that the Costco chain, already know for consumer-friendliness, agreed to eliminate the "hot fuel" ripoff at its gasoline stations. Unlike every other…
Blog Post
Cap and trade. Eek!
The Environmental Protection Agency declaration Friday that greenhouse gases and global warming are a threat requiring action is the enviro equivalent of the teacher announcing a pop quiz on quadratic equations. All of us who…
Blog Post
Oil fills a different pocket
04-15-09 by duga Oil prices are still moping around the $50 a barrel level worldwide, but that doesn’t mean major oil companies just sit around and weep. They’re making bigger profits than last year on…