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11-25-08 by dugan There’s no doubt that the crash in oil prices has taken pressure off of consumers and government, even though record-high energy prices did some serious economic damage before the fall. It’s like…
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11/24/08 by dugan Mark Twain never heard the phrase "shale oil," but he was dead on when he said of the West, "Whiskey’s for drinking, water’s for fighting. Whiskey-wise, I’d like a double sinker after…
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11-21-08 by dugan We at OilWatchdog have been relentlessly critical of Chevron’s faux-green ad campaigns (here, here, here and here.) I’ve recently heard from reporters who are sniffing around the ubiquitous image ads–the fortune Chevron…
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11-20-08 by dugan Henry Waxman’s close victory today over Rep. John Dingell to chair the powerful House Energy and Commerce Committee should mean better days for a U.S. energy policy focused on independence from fossil…
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11-20-08 by dugan I’ve been asked a lot lately about why "gasoline is so cheap." Yet the question itself is a result of short memories. Gasoline is certainly a ton cheaper than in July,…
News Clipping
Big Oil: We Told You So With prices sharply lower from the summer’s highs, Big Oil’s decision to hold off on new production now seems rather wise. By Steve Hargreaves, CNNMONEY.COM November 18, 2008 NEW…
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Here’s a case that lights up Exxon’s strategy of reaping all the profit it can, while balking at actually developing new U.S. oil and natural gas resources. Exxon and a few partners recently lost their…
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11-17-08 by dugan Sitting inside the wreckage of the rest of the U.S. economy, Exxon Corp. beams with fiscal health. It is protected by its insular, petroleum-only culture, as described in a long NY Times…
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11-11-08 by dugan A big catfight among two top liberals in the House of Representatives? Sheesh, can’t they get along for a few months while the president-elect gets a grip? It’s not like most people…
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11-7-08 by dugan The big consumer news today is continuously dropping gasoline prices, down to $2.31 a gallon nationally and below $2.00 in one state, Missouri. Drivers are still keeping their cars in…
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11-6-08 by dugan California was the tip on Boone Pickens’ spear. His Proposition 10, demanding taxpayer billions to finance a new market in natural gas fuels (Pickens’ chief business). It was obviously a first shot…
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11-6-08 by dugan I’ve been out of town for several days, and the news today makes me wonder if the governor of California had a near-religious epiphany while I was gone. Arnold Schwarzenegger just embraced…
News Clipping
Chevron Profit Soars, Fueled By Summer Surge In Oil Prices The energy giant nets $7.9 billion in the third quarter, the latest in the industry to post eye-popping earnings. By Marla Dickerson, LOS ANGELES TIMES…
