1/14/09 by dugan Here’s a truly watchable explanation of how speculative money took over energy markets in 2008 and helped ruin the world economy. Solutions are included, thanks to CBS 60 minutes and Consumer Watchdog’s…
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Insight on ‘cheaper and cleaner’
1-13-09 by dugan The Detroit Auto Show is mostly a weep-fest, from the reporting, though electric cars are stealing what little show there is. The drooling crowds were mostly around the third-generation Prius, with its…
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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…
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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 Prices Heading Back Up
Gas Prices Heading Back Up By David R. Baker, SAN FRANCISO CHRONICLE January 10, 2009 SAN FRANCISCO, CA — If the past 10 days are any indication, America could be in for another dizzying year…
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Shell Trying to Shut Refinery?
NEWS RELEASE: Memo at Bakersfield Refinery: Shell Oil Is "Trying to Shut Down Our Plant" Consumer Group Calls on Sen. Boxer, California Officials To Investigate at Facility Shell Previously Tried to Shut Down; Warns…
News Clipping
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…
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Pump price up, a penny a day
1-05-09 by dugan Israel doesn’t produce a drop of oil, but that hasn’t stopped the price of crude oil and gasoline from rising sharply in the last week. (As far as speculative markets are…
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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…
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Oil platforms are forever
12-29-08 by dugan With a new administration a few weeks from office, and Gov. Arnold Schwarzenegger in opposition, the likelihood of new offshore oil rigs popping up along the California coast may seem slim. But…
News Clipping
Gas Prices Fall in US, Rise in CA
Retail Gasoline Prices Fall In U.S., Edge Up In California By Ronald D. White, LOS ANGELES TIMES December 29, 2008 The U.S. average retail gasoline price fell for the 25th straight week to a…
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Petroleum’s Happy Holiday
12-24-08 by dugan The White House giveaways have been so fast and furious that they’re hard to track. But here are a couple of recent tales that round up the oil industry loot in this…
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Chevron’s Perfect Match
12-23-08 by dugan It’s great to see a story that puts together the scathing investigative criticism of the Defense Department’s torture-enabling former chief counsel, William Haynes, and Haynes’ new job as chief counsel for…