The Players Club By Phillip Matier & Andrew Ross, SAN FRANCISCO CHRONICLE November 3, 2008 Politics has long been the playground of millionaires. This election, however, the billionaires have taken over the table. The biggest…
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Press Release
Chevron Doubles Profit
Chevron’s Doubled Profit Caps Oil Industry’s ‘Vampire Attack on Economy’ Current Oil Price Breather Is Right Time for Action to Prevent Next Speculative Bubble, Says Group October 31, 2008 Santa Monica, CA — The…
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Exxon Beats Own Profit Record
Exxon Beats Own Record for Earnings in Quarter It posts net income of $14.83 billion, the biggest profit ever for a U.S. company, amid sky-high oil prices. By Ronald D. White, LOS ANGELES TIMES October…
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Exxon Posts Biggest Profit Ever
ExxonMobil Posts Biggest US Quarterly Profit Ever By John Porretto, ASSOCIATED PRESS October 30, 2008 HOUSTON, TX — Another quarter and more record U.S. profits for Exxon Mobil. Yet even as earnings surged for major…
Press Release
Exxon, Shell Post Record Profits
Exxon, Shell Profit Records Cap an Orgy That Weakened U.S., World Economies, Says Group ‘Consumers Now Know Where Their Money Went’; Congress, White House Must Prevent a Repeat of Costly Energy Bubble CONTACT: Judy Dugan,…
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Hefty Oxy & BP Profits
Hefty Profits Leave Big Test for Oxy, BP Momentum Could Fade in the Wake of Crude’s Steep Price Decline By Ronald D. White, LOS ANGELES TIMES October 29, 2008 The oil-profit gusher continued Tuesday with…
Press Release
BP’s 3rd Qtr Profit $10+ Billion
BP’s Outlandish Profits Have Inflicted Serious Damage on Consumers and Whole Economies, Says Watchdog BP Profit, Including Inventory, More Than Doubles from Year Ago to Over $10 Billion on Spiking Oil Prices CONTACT: Judy Dugan,…
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Prop 10’s sugar daddy
10-27-08 by dugan The No On Proposition 10 campaign reports today that oil and gas tycoon T. Boone Pickens has now poured $19 million dollars into his campaign for Proposition 10, the California ballot initiative…
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Stevens, the biggest fish
10-27-08 by dugan Alaska’s big oil producers should be quivering a little after Sen. Ted Stevens’ conviction for lying about big gifts from an oilfield company. Here’s the connection: Bill Allen, the oilfield company executive…
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Greenwash extraordinaire
10-26-08 by dugan Chevron tries harder. Nope, not to cut fuel prices or compete to be first in renewable energy. For Chevron it’s all about hearts and minds, as another full-page color ad in the…
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Musical chairs in big oil
10-26-08 by dugan If the oil business were competitive, somebody might feel sorry for BP. The British-based oil giant dropped today to No. 4 among the Big 5 companies, dipping below Chevron in total worth….
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Chevron’s emit-for-free strategy
10-23-08 by dugan Australia has a lot in common with the United States. It’s a nation of immigrants with a cowboy-style history and a strong love of individual rights. Aussies do put shrimp instead of…
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Fun with Pickens’ pocket-picking
10-23-08 by dugan We Californians have had about all we can take of slogging through a dozen ballot initiatives on the Nov. 4 ballot, most of them from narrow special interests. Those special interests include…