The Feds’ final approval of the transfer of Shell’s Los Angeles refinery and 250 gas stations in Southern California creates the possibility that an upstart company with refining and distribution capacity could challenge Chevron and…
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Archive | Tag: greed
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CEO Gets $27 Mill In Stock As Gas Prices Break Records
Chevron CEO David O’Reilly received $27.8 million in stock options this week just as the price of gasoline hit record highs in O’Reilly’s hometown in Northern California, closing in on 4 bucks per gallon at…
Press Release
Chevron Talks Green, Yet Prevents Retailers From Selling Renewable Fuels
NEWS RELEASE:March 29, 2007 Contact: Judy Dugan, 310-392-0522 ext. 305, cell: 213-280-0175; Jamie Court, ext. 327, cell: 310-874-9989; Tim Hamilton, 360-495-4941 Letter to Chevron CEO Marks Launch of New Web Site, www.OilWatchdog.org Santa Monica, CA…
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For Big Oil, Bad News=Profit
Crude oil is up $1 today on speculation about Iran and the West coming to blows. Gasoline also continues upward, to $2.60 nationally and $3.20 in California, according to the AAA fuel gauge. Yet even…
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Shame Totem For Exxon
Alaska carver Mike Webber has created a totem to memorialize how ExxonMobil has yet to pay its debt to Alaskans on the 18th anniversary of the Exxon Valdez spill. Webber’s shame totem pole, carved from…
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Execs’ Feud Led to BP Blast
Tensions in the executive suite contributed to the disaster at BP’s Texas City refinery, according to an internal confidential report described in The Financial Times. British Press Association Reporter of the Year Sheila McNulty writes…
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Retailers Resist ‘Adjusted’ Price
The petroleum marketers, a.k.a wholesalers and chain operators of truck stops and convenience stores, are organizing a new coalition, P.U.M.P. (the Partnership for Uniform Marketing Practices), to stop the rising momentum to mandate automatic temperature…
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Valdez’s Sister Still Afloat
Exxon still has not paid the $2.5 billion in punitive damages it owes 30,000 Alaskans from the Valdez spill. Exxpose Exxon has now uncovered that the world’s richest corporation is hardly showing remorse in its…
Press Release
Stanford Claims Independence In ExxonMobil Deal, But Pact Details Show Otherwise;
NEWS RELEASE: March 26, 2007 CONTACT: John M. Simpson, 310-392-0522, ext. 317, or 310-292-1902 (cell) Key part of research agreement remains secret Santa Monica, CA — Stanford University President John Hennessy was asked today by…
Press Release
FTCR Demands Release of Information About Regulator With Oil Company Ties
NEWS RELEASE: March 23, 2007 CONTACT: Judy Dugan, 213 280-0175, or Jamie Court, 310 392-0522, ext. 327 Santa Monica, CA — FTCR said a state auditor’s investigation reported today in the Sacramento Bee hints at…
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Congress Buys Into Iraq Oil Scam?
Oil ripoff update: As reported by Harpers’ Magazine online, Congress may vote as early as today in favor of Iraq’s proposed oil law, which would hand control of much or most of the nation’s oil…
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Ecuador Vs. Chevron
The president of Ecuador says he will join with residents of the Amazon rain forest in holding Chevron accountable for dumping billions of gallons of oily waste in the jungle over three decades. A lawsuit…
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US: BP Blamed In Texas City Blast
The United States Chemical Safety and Hazard Investigation Board issued its final blistering report about BP’s role in the 2005 explosion at the company’s Texas City refinery that killed 15 BP employees and 180 others….