6-10-08 by dugan The Senate was barely in session today when Republican leaders used a parliamentary maneuver to cut off all debate on a pair of bills to get oil and gasoline prices under control…
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Archive | Tag: cash register politics
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Get it done, already!
6-9-08 by dugan With gasoline at $4.04 nationally, and nearly $4.50 in California and a few other states, Washington is sleepwalking. President Bush today still had no better idea than drilling for oil in the…
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Up fast, down like a feather
6-4-08 by dugan Gasoline prices, that is. I can say it in one short sentence: Oil prices down, gasoline futures contracts way down, pump prices still spiking. As they say on Marketplace Radio, let’s do…
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$4 Gas Is Breaking Point
NEWS RELEASE: Gasoline Brushing $4.00 Is Breaking Point for Consumers Hit by Flat Wages, Job Losses Government Must Speed Market Regulation, Says Consumer Watchdog; Group Calls for Stiffer Oil Trading Rules and Oversight of Refineries…
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Regulation Hinted, Oil Price Drops
5-29-08 by dugan It’ll take a few days to see what’s really going on in oil markets, but still… a $4-a-barrel price drop in crude oil markets today followed news that federal regulators…
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How Oil Price “Predictions” Really Work
5-28-08 by dugan Just as the price of oil seemed ready to sag a bit, another big investment bank "predicted" $150-a-barrel in the near future. Lo and behold, oil went back above $133….
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Don’t Blame the Gas Station
5-26-08 by dugan I’ve heard from people who represent gas station owners that oil companies allow only a few cents of profit on gasoline sales, in order to maximize corporate profits. I never…
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Oil Prices Sag, Pump Prices Rise
NEWS RELEASE 33-Cent Monthly Rise in Gasoline Keeps Oil’s Foot on Drivers’ Necks Oil Prices Sag Yet Pump Keeps Zooming; Lack of Oversight Means ‘Double Whammy for Consumers’ and Economy This Summer, Says…
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Copy-Machine Oil Hearings
5-22-08 by dugan Watching the same pack of oil executives troop to the House of Representatives today and the Senate yesterday was mostly a deja vu experience. The execs’ canned testimony was from…
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“Hot Fuel” Fix Urgent
NEWS RELEASE Zooming Oil Price Makes "Hot Fuel" Fix More Urgent as Memorial Day Approaches Consumer Groups Criticize Oil Industry Resistance to Fixing Hidden Charge at Pump That Costs U.S. Drivers Close to $3 Billion…
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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…
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Greasing The Wheels
5-16-08 by simpson Chevron Corp. just gave $100,000 to Gov. Schwarzenegger’s Dream Team Committee making the oil giant the 14th biggest contributor to Arnold since 2003. Chevron has given his various committees a total of…
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Lights Out for Enron Loophole
5-15-08 by dugan The sweeping farm bill that passed the Senate today and is headed for President Bush’s desk is more pork than policy, but I’m still celebrating. OilWatchdog’s most-wanted bill to curb…