3-04-08 by simpson A California Public Utilities Commission staff report recommends a whopping 89.7 percent rate increase for a Chevron-owned water company serving the tiny hamlet of Casmalia. Not as outrageous as the 138 percent…
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Archive | Tag: greed
Press Release
CA Gas Prices Top Record
NEWS RELEASE March 3, 2008 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or Jamie Court, ext. 327 California Gasoline Price to Top All-Time Record As Speculators Drive Crude Oil Price to Near $104 U.S. Price Also…
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Ben Stein Gets Money for This?
Ben Stein’s popular fame comes from Comedy Central’s "Win Ben Stein’s Money." Or his TV ads pitching Alaskan fish. But the New York Times still takes him to be a serious economist. Stein’s Op-Ed today…
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Congressional Kabuki
2-27-08 by dugan Could oil companies that collectively made $123 billion last year afford to give up $1.8 billion a year (less than 1.5% of annual profit) from the tax subsidies that you and…
Press Release
National ‘Hot Fuel’ Suit Update
Consumer Victory as National ‘Hot Fuel’ Lawsuit Moves Forward on All Counts Federal District Judge in Kansas City Refuses to Dismiss Suit Against Petroleum Marketers Alleging Deceptive Sale of Gasoline, Diesel Fuel Santa Monica, CA…
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Price Spike, in Spades
2-19-08 by dugan Let’s see. Gasoline is up eight cents a gallon in the last week for regular. Oil prices hit $100 a barrel today, ginned up by speculators "worried" about Venezuela, Nigeria,…
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Gamblers Get Their $100 Oil
2-19-08 by dugan If I told you that Venezuela’s crackpot leader Hugo Chavez is responsible for crude oil hitting $100 a barrel in futures trading today, would you believe me? I hope not. But…
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Congress Yawns At $3 gasoline
2-18-08 by dugan Where’s Congress? When it comes to oil and gasolne prices, our elected officials are has hard to find as Waldo. Speculators today shoved oil prices are back up to $96…
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All Hail Exxon
2-14-08 by dugan (and thanks to Mark Reback for the tip) I can’t believe Investors Business Daily would do so little checking of an editorial on Tuesday slamming the critics of ExxonMobil, from…
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Exxon, the Worldwide Scrooge
2-07-08 by dugan You’d think that a company making nearly $41 billion in yearly profit in 2007 would be profligate in its charitable giving. We don’t know yet what Exxon Mobil’s 2007 total was,…
Press Release
BP’s Profits Exception
NEWS RELEASE February 5, 2008 CONTACT: Judy Dugan, cell: 213-280-0175; Jamie Court, 310-392-0522, ext. 327 or cell : 310-874-9989; or Tim Hamilton, 360-495-4941 BP, ‘Bumbling Petroleum,’ Is Exception to Profit Boom; Group Warns Against Cutting…
Press Release
Chevron & Exxon’s Record Profits
NEWS RELEASE February 1, 2008 CONTACT: Judy Dugan, (310) 392-0522, ext. 305, cell: 213 280-0175; or Jamie Court, ext. 327, cell: 310 874-9989; or Tim Hamilton, (360) 495-4941 Chevron, Exxon Record Profits Reaped At Cost…
Press Release
Shell Posts Record Annual Profit
NEWS RELEASE January 31, 2008 CONTACT: Judy Dugan, 310-392-0522, ext. 305, cell: 213-280-0175; or Jamie Court, ext. 327, cell: 310 874-9989 Shell’s Record Profit Is a Thumb In the Eye of Recession-Wracked Nation, Says Group;…