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
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,…
News Clipping
Summer Blend Blamed for Gas Hike
$2 Gas Flows Again In State Summer Driving Season, Blend Changeover Cited By Laura Stevens, ARKANSAS DEMOCRAT-GAZETTE May 7, 2009 The Arkansas average price for regular gasoline topped $2 on Wednesday for the first time…
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
Change Since Refinery Shutdown
Change, But Not Resolution, Since Big West Refinery’s Shutdown By John Cox, THE BAKERSFIELD CALIFORNIAN April 25, 2009 Randy Johnston struggles daily with uncertainty since he was laid off in February from his job as…
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…
News Clipping
Costco Will Adjust Gas For Heat
Costco Gas Prices Will Be Adjusted For Heat Expansion By Staff and Wire Reports, LOS ANGELES TIMES April 23, 2009 Costco Wholesale Inc. has agreed to install new gasoline pumps at stores in California and…
News Clipping
Costco Offer Would Fix Hot Fuel
Costco Offer Would Fix Hot Fuel By Steve Everly, THE KANSAS CITY STAR April 23, 2009 For the first time in the U.S., a gasoline retailer has plans to fix hot fuel. Costco Warehouse Inc….
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…