It’s a cheap shot, but I’m never above making the oil lobby look phony and stupid. Thanks to TPM for posting a photo from an American Petroleum Institute pamphlet that appears to show a (slightly)…
Smoking Gun
Oil Lobby Loves Photoshop
Archive | Tag: conspiracy theory
Blog Post
A Yogi Berra moment in oil prices
10-16-09 by dugan Oil prices hit another record for the year today, at over $78 dollars for each 42-gallon barrel in futures markets. That’s well over double the late 2008 low of 32 dollars…
Blog Post
Goldman Sachs’ oil-rig loophole
09-10-09 by dugan Who knew that investment giant Goldman Sachs was in the oil business? I’m picturing top execs earning their tens-of-millions bonuses in hard hats and oil-streaked yellow overalls. The news is part…
Report
Who’s killing the U.S. dollar?
08-28-09 by dugan Did you hear the one about how the Bush administration used the wrong calculations last year when it declared that it wasn’t financial speculation causing the huge oil spike price? It’s…
Blog Post
Economic recovery vs. oil
08-22-09 by dugan If a few slightly cheerful sentences from Fed Chairman Ben Bernanke can spike the price of oil to a record for the year, the economy is in serious trouble. There’s no…
Blog Post
Nissan’s oil liberation car?
After the General Motors EV-1 got torn from owners’ hands and sent to the crusher, all-electric cars for the mass market seemed doomed. Even electric sports-car maker Tesla, of the $180,000 zoomer, priced its…
Blog Post
Big about-face on speculation
7-28-09 by dugan Last fall, the Bush administration said all that business with oil hitting $147 a barrel and gasoline at over $4.00 a gallon was just supply and demand at work. Today–big oops!…
Blog Post
Hot fuel fix rises from the dead
7-21-09 by dugan Is it hot out? Well, so’s your gasoline. You’re losing a few cents a gallon each time you fill up at the pump. And no, with today’s insulated underground tanks,…
Blog Post
Goldman Sachs’ oil revival
7-13-09 by dugan Investment bank Goldman Sachs is about to report an eye-popping profit increase, leaving the rest of the economy in the dust. That should remind us of Goldman’s key role in the energy-price…
Blog Post
‘Biofueled’ electric cars? Not yet
06-04-09 by dugan The best use of biofuels like ethanol is not in the tank, but in making electricity to fuel all-electric cars, says a new study in Science magazine (free abstract, subscription pdf). I…
Blog Post
Does Congress have the guts?
05-02-09 by dugan Oil companies have ruled in Washington for a couple of decades, paying lower federal fees than in any other developed country. There’s a shimmer of a hint that situation might change….
Press Release
Gas Up While Demand Down
‘Optimism’ Is Driving Energy Prices, Consumers Will Suffer The Memorial Day Hangover, Says Consumer Watchdog Oil, Gas Prices Rising Again At Record Clip For Holiday, Despite Oversupply, Low Demand, Says Group Washington, D.C. — The…
Blog Post
Chevron’s disgraceful deceit
05-13-09 by dugan If you go to YouTube and search for "Chevron 60 Minutes," the first three results look like the image at left. Two of them are a real and tough "60 Minutes"…