8-19-08 by dugan The shareholder revolt against Exxon is going global. Four big institutional investors in Britain have joined a shareholder resolution demanding that Exxon have an independent chairman of the board, and the new…
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Archive | Misdeeds
RSS feed for this sectionDocumenting industry actions that demonstrate immorality, greed, or disregard for others.
Press Release
Bush Forced to Cap Oil Reserve
White House Forced to Cap Oil Reserve; Should Embolden Congress to Push for More To Drop Energy Prices Consumer Watchdog Calls for Sales from Reserve, Warning to Refineries, Swift Action on Oil Trading Curbs Judy…
Press Release
Chevron Busts Family Budgets
Chevron Busts Family Budgets In Struggling California Town Of Casmalia State PUC Grants Oil Giant’s Water Company 89.7 Percent Rate Increase; Chevron Wanted 138 Percent CONTACT: John M. Simpson, 310-392-0522, ext 317; or cell: 310-292-1902…
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Climate Heat on Exxon
5-13-08 by dugan Oh, man, I wish I had a share of Exxon. The shareholder meeting May 30 is going to be a show. A group of big institutional investors, mostly public pension funds, has…
Press Release
Tax Refunds Going to Gas Tanks
Gas Up 11 Cents In Week, 34 Cents In a Month; Consumers’ Tax Incentive Going Straight to Gas Tanks White House Scorns Action, Congress in Gridlock as Soaring Prices Push Inflation, Motorists Cry ‘Uncle’ …
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Exxon Is Holdout on MTBE
5-8-08 by dugan A national lawsuit over water pollution from a gasoline additive was more than half-settled yesterday when four of the five major oil comanies agreed to pay $423 million in cleanup and other…
Press Release
Exxon Posts More Record Profits
NEWS RELEASE May 01, 2008 ExxonMobil Profits Soar to Record On Speculative Oil Prices While Consumers and Economy Suffer Bush, Congress Avoid Real Solutions; Stance Is Inexcusable as Pump Price Soars, Says Consumer Group CONTACT:…
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Exxon Hit For Its Secrecy
04-29-08 by simpson Oil giant ExxonMobil is as secretive as its competitors in Russia and China, according to a report just released by Transparency International, a global organization fighting corruption. "The tragic paradox, that many…
Press Release
Shell & BP Record 1st Qtr Profits
NEWS RELEASE: April 29, 2008 Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group…
Press Release
Conoco’s Profit = Higher Gas $
NEWS RELEASE: Consumer Group Sees Warning in Oil Profit Report that Refining Profits Set to Rise, Spiking Gasoline Prices Further Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California CONTACT:…
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Fighting $4-a-gallon diesel
4-23-08 by simpson An Apache Junction, Arizona, trucking firm is fighting to stay in business in the face of $4-a-gallon diesel by driving across the border to Mexico to buy fuel where it sells for…
Press Release
Bush Blames $115 Oil on OPEC
NEWS RELEASE: CONTACT: Judy Dugan, 310-392-0522 ext. 305; or cell, 213-280-0175 April 16, 2008 New Oil Price Spike to $115 a Barrel Shows a "Two-Faced" White House That Takes Oil Off U.S. Markets While Blaming…
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Green Prize Wilts Chevron
4-15-08 by dugan Chevron’s world headquarters in San Ramon, Calif., is less than 40 miles from San Francisco’s stately opera house. So if bad thoughts could kill, last night’s audience for the prestigious…