Archive | Tag: greed

Press Release

State Department of toxic Substances Control Must Send “Strong Message” to Evergreen Oil Re-Refiner Over Repeated Safety Lapses, Accidents

Santa Monica, CA — Consumer Watchdog called on the Director of the California Department of Toxic Substances Control, Debbie Raphael, to indefinitely close the Evergreen Oil waste-oil re-refinery in Newark, Ca. in a letter sent today. On July 6, a pipe leak spewed “superheated oil” and triggered an emergency evacuation of the facility. The company and Newark police warned the surrounding community, including a nearby elementary school, to expect a wave of “strong odors” from the leak.

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News Clipping

“The pain in their wallets is causing them to rethink their lifestyles,” said Jamie Court, president of Consumer Watchdog in Santa Monica, a frequent critic of Big Oil. “People tend to be a lot more environmentally conscious when just ignoring it is going to cost them something.” The changes are even more significant, Court said, given the steady rise in the number of drivers. “It shows that ultimately we can solve both the higher emission problem and the higher consumption problem associated with more drivers if we can continue to improve fuel efficiency technology,” Court said.

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“There’s an old saying in [the] gasoline [industry],” Judy Dugan, research director for Consumer Watchdog in Santa Monica, Calif., said Monday. “Prices go up like a rocket and down like a feather. There is a higher disconnect between the actual price of oil and the price of gasoline.” Gasoline prices have been viewed as the “last bastion of competition,” Dugan said, “but in this case that appears to have failed.” Still, gasoline prices in the state vary significantly.

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Blog Post

Chevron’s army of lawyers isn’t its only weapon in staving off the demand of Ecuadoran peasants that the company clean up its toxic drilling mess in the Amazon. Chevron is also happy to use deception, secret video and dirty tricksters. The problem with tricksters, however, is that it can be hard to keep them in the fold, and they can be so darned greedy. Consider the tale of secret videotaper Diego Borja, and the “expense money”of at least $169,000 that Chevron has heaped on him since August 2009.

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California-based nonprofit, Consumer Watchdog, recently provided a clue to where the “missing” gasoline may have gone. Recently, Judy Dugan, a petroleum market commentator for Consumer Watchdog, noted that the shares of oil refiners jumped in price last month “on bets that Japan would soon have to import a lot more heating oil and gasoline because of refinery fires and quake/ tsunami damage.”

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The new blends cost an estimated 5 to 15 cents more to make per gallon than standard-issue, regular gas. Plus, California became dependent on a limited number of refineries, and those refineries reaped higher profit margins than similar facilities elsewhere in the United States. “It’s a stranded market, and it’s much easier to control prices in a stranded market,” said Judy Dugan, research director of the Consumer Watchdog nonprofit group.

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Blog Post

We’ve reported about what’s wrong in the secrecy around BP’s payments to Kenneth Feinberg and his law firm, which is doling out compensation for BP’s devastating oil spill in the Gulf. Monday, though, the Center for Justice and Democracy got deep into the guts of the matter.

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Blog Post

Late last week, as the presidential oil spill commission’s co-chair and staff blamed BP’s cost-cutting and “failure of management” for the devastating spill in the Gulf of Mexico, BP managers claimed that the government estimate…

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