Blog Post
1-21-09 by dugan It’s not exactly a buzz yet, but there’s discussion in Washington about banks becoming more like regulated public utilities. Let’s add to that the refining business, which has more in common with…
Blog Post
1-19-08 by dugan How’s your 401 K? Having any trouble paying the mortgage, or the rent? Not Exxon’s problem. It’s on the hunt for bargains–specifically, other oil companies. There’s been a burst of stories like…
Blog Post
1-15-09 by dugan There are tanker ships loaded with cheap crude oil just floating around the oceans waiting for the price to go up, says a report today by Clifford Krauss of the New York…
News Clipping
Meltdown 101: Why Gas Prices Rise While Oil Drops By John Porretto, ASSOCIATED PRESS January 15, 2009 HOUSTON, TX — You may do a double-take as you pass your local gas station. Chances are, the…
Report
1/14/09 by dugan Here’s a truly watchable explanation of how speculative money took over energy markets in 2008 and helped ruin the world economy. Solutions are included, thanks to CBS 60 minutes and Consumer Watchdog’s…
Blog Post
12-24-08 by dugan The White House giveaways have been so fast and furious that they’re hard to track. But here are a couple of recent tales that round up the oil industry loot in this…
Blog Post
12-17-08 by dugan I heard recently from a friend in Maine who is freaking out: she’s paying $4.50 a gallon for her home heating oil, even as drivers pay well under $2.00 a gallon for…
Blog Post
Oil companies said, back when crude oil cost $145 a barrel, that exploration and construction costs were too high for them to invest much in drilling and refining. Exxon, for instance, spurned any project that…
Blog Post
Sometimes good news mostly illumines the bad news that went before. Take president-elect Obama’s appointment of a four-person "energy and environment" team, including Energy Secretary-designee Steven Chu, Interior Secretary-designee Ken Salazar and a "climate czar,"…
Blog Post
12-11-08 by dugan Two or three of us at Consumer Watchdog, OilWatchdog’s parent group, have gotten calls today asking our endorsement for the city of Los Angeles’ "Green Energy/Good Jobs Act" on the city’s March…
Blog Post
12-4-08 by dugan The price of crude oil is only slightly above $40 a barrel today, about $1.00 a gallon. That’s barely more than one-fourth of the price six months ago. What the slide proves…
Press Release
California Energy Board Seeks To Put Remedy for ‘Hot Fuel’ Ripoff in Deep Freeze — Group Calls for Immediate Fix Draft Report Accepts Industry Call for Ban on Temperature-Compensating Device, Denies Consumers Would Benefit From…
Blog Post
12-3-08 by dugan Michael Moore’s been wrapped up for the last several years with failing health care, the failed Bush Administration and the war in Iraq. But the author/moviemaker’s enduring fascination is Detroit iron. He…
