Spike in Crude Oil Price to $88/Barrel Without New Run-Up in Pump Price Exposes Oil Industry Deception, Profiteering; Oil Companies’ Claim That Crude Oil Costs Drive Gasoline Price Makes No Sense With Today’s Barrel Prices…
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Iraqi Three-in-One
09-04-07 by dugan The media’s Iraq focus this week is on Gen. David Petraus’s predictable one-hand, other-hand report on the progress of the "surge." Yet there’s little Western-media reporting from Dubai and Istanbul,…
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Clueless Mary Nichols
08-20-07 by dugan When Arnold Schwarzenegger appointed former California Air Resources Board director Mary Nichols last month to head the same agency in his administration, reaction in the enviro world was mostly relief, tinged…
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Hot Summer, Hot Fuel, Hot Air
08-01-07 by dugan With temperatures across the Southwest routinely over 100 degrees in recent weeks, the summer’s "hot fuel" ripoff is peaking. Against that backdrop, oil executives were hauled before Congress last week and…
Press Release
Chevron Record Refinery Profit
NEWS RELEASE July 27, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175, or John Simpson, ext. 317 Chevron Record Profit Driven by Refining Profits Up 41% in US, 30% Overall, On Record Gasoline…
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You’re Big Oil’s Piggy Bank
07-26-07 by dugan Once Upon a Time, Big Oil made its big profits on drilling oil. Now the oil guys are pickpocketing motorists directly, racking up ever-larger profits on gasoline and diesel production. Exxon…
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Exxon’s Record Refining Profits
NEWS RELEASE July 26, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, cell: 213-280-0175, or John Simpson, ext. 317 Record Pump Prices Give Exxon Record Refining Profits, More than $10 Billion Total Earnings; Group Calls for…
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Soon, the Monolith
07-5-07 by dugan Someone recently asked me why Shell sold its mega-profitable Southern California refinery to the refining company Tesoro. Umm, I dunno, was my brilliant reply. Today, there’s a blazingly obvious answer, but…
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Independent vs. Big Oil Refineries
07-5-07 by dugan I hadn’t noticed this comment by OilWatchdog user "Julie" until recently, but she makes a point to think about. I had praised Tesoro for its plans to upgrade the old…
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Just Like Tobacco Warnings
07-3-07 by dugan My Dad, the mechanical engineer and fanatical record-keeper, grumbled every summer when his gas mileage went down. He blamed "vapor in the tank" as the hot Midwest sun beat down. Now…
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Big Oil’s Finger To Congress
06-11-07 by dugan The House subcommittee investigating the ‘hot fuel" ripoff asked the CEOs of ExxonMobil and shell to testify at a hearing last Friday. Exxon’s Rex Tillerson and Shell’s John Hofmeister were no-shows, sending…
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What Would Tesoro Do?
06-04-07 by dugan Wow. A refiner makes a business decision that also benefits consumers. Pop the Champagne! The LA Times reports today on the decision by Tesoro Corp., a Texas-based refining company, to modernize and…
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The Ultimate Merger Chart
05-30-07 by dugan Here’s the oil industry merger chart I’ve been looking for — from the unimpeachable Government Accountability Office. No more is needed to know why the industry isn’t competitive. And here’s a story…