Blaming Big Oil Critics see price-gouging as refinery capacity is cut; the industry says it’s just business. By Editorial, THE LOS ANGELES TIMES March 15, 2010 A few years ago, when SUVs still ruled American…
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Oil Co’s Look At Refinery Cuts
Oil Companies Look At Permanent Refinery Cutbacks The response to slumping gasoline use would likely mean higher prices for drivers. Consumer advocates want regulators to examine the firms’ plans. By Ronald D. White, THE LOS…
Blog Post
Run From Guys With Clipboards
3-5-10 by dugan I guess its’s fitting that it took a New York newspaper to inform Californians that a couple of giant Texas oil refining companies are bankrolling a ballot initiative to kill the…
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Gas Up 10 Cents In Week
Gas In State Up 10¢ In Week Investors, Weak Dollar, Refinery Problems Fuel Rise By Laura Stevens, ARKANSAS DEMOCRAT-GAZETTE June 19, 2009 Continuing strength in the commodities market has propelled the Arkansas average for regular…
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….
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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…
Press Release
Conflict Taints Hot Fuel Study Outcome
Consumer Group Letters Charge Conflict of Interest in Oil-Friendly Outcome of California Fuel Temperature Study Gov. Schwarzenegger, Assembly Speaker Bass Asked for Action to Protect Consumer Fairness Santa Monica, CA — Consumer Watchdog has filed…
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CEC Says No To Hot Fuel Fix
No Benefit To Motorists In A ‘Hot Fuel’ Fix, State Panel Says California Energy Commission says the costs of compensating for gasoline temperature would outweigh the gains in fuel volume. By Marc Lifsher, LOS ANGELES…
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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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Is Calif. getting lucky?
9-17-08 by dugan California, usually at the top of the gasoline price pyramid, has lately been just below the national average of $3.85 a gallon, a near unheard-of situation. It’s partly about the wholesale-level gouging…
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Why oil’s down, gas is up
9-11-08 by dugan When a government thinks "regulation" is a dirty word, here’s what happens: The price of crude oil fell today to about $100 a barrel ($2.38 a gallon), yet gasoline spiked to a…
Blog Post
Oil-crash crystal ball
7-28-08 by dugan Here’s a crystal ball report: The top four oil companies–Exxon, Shell, BP and Chevron–will all report record quarterly profits this week, a result of oil prices driven to the stratosphere in speculative…
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Squeezed At Both Ends
Squeezed At Both Ends — Independent Refiners Watch Profits Sink As Consumption Falls By Jad Mouawad, THE NEW YORK TIMES May 14, 2008 While drivers are facing sticker shock at the pump these days, here…