By dugan 8-30-08 The first concern as Hurricane Gustav sweeps across Cuba and toward the Gulf Coast is life and limb. Afterward, though, already painful gasoline prices could hit $5.00 a gallon quickly. Unlike the…
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Archive | Tag: price-gouging
Press Release
Chevron: Drill Less, Profit More
NEWS RELEASE: Chevron Profits: Drill Less, Profit More Chevron Data Shows Industry Lag in Producing New Oil from U.S. Source — Lower Production Shows Failure of Investment, Not Lack of Oil, Says Watchdog Santa…
Press Release
BP Posts Record 2nd Qtr Profits
NEWS RELEASE: BP Profits: ‘Congratulations Are Not In Order,’ Says Consumer Watchdog New Quarterly Records Show Oil Companies ‘Spiting the Future For the Sake of Cash in Hand’ CONTACT: Judy Dugan, 310-392-0522 ext. 305, or…
Blog Post
Oil-crash crystal ball
7-28-08 by dugan Here’s a crystal ball report: The top four oil companies–Exxon, Shell, BP and Chevron–will all report record quarterly profits this week, a result of oil prices driven to the stratosphere in speculative…
Press Release
Conoco Kicks Off Oil ‘Profit Orgy’
NEWS RELEASE: ConocoPhillips Kicks Off a ‘Profit Orgy’ By Major Oil Companies 2nd Quarter Report Shows Industry Still Buying Its Own Stock, Not Investing Record Profits in New Oil or Renewables, Says Consumer Watchdog; Congress…
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Airlines get it on speculation
7-10-08 by dugan The major airlines, which are teetering on the financial edge because of oil and fuel prices, are a little late to the party on the effects of unregulated oil markets. But…
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Big Oil = 6 of top 10 Fortune 500
Fortune Magazine has released their Global 500 list of the top international companies, and to no one’s surprise, thanks to their obscene record profits, Big Oil companies hold 6 of the top 10. Check out…
News Clipping
Big Oil Increases Lobbying
Lobbying Increases with Oil Prices Industry spent nearly 62 percent more between 2004 and 2007 By Bennett Roth, HOUSTON CHRONICLE July 04, 2008 THE OIL LOBBY Expenditures for federal lobbying by the oil and gas…
Press Release
$5 Diesel = Economy-Killer
NEWS RELEASE: $5 Diesel Fuel, the Economy-Killer New report shows how oil companies shorted the market and made it happen. CONTACT: Judy Dugan 310-392-0522 x305 or cell 213-280-0175; or Jamie Court x327 July 02, 2008…
Press Release
New Bills to Curb Oil Speculation
NEWS RELEASE: Congress Plans Action on Oil Market Speculation As Consumers Send Their Gas Bills to Legislators, White House New Legislation Aims at Taming Energy Markets; Consumer Watchdog Decries Likely Lack of Senate, White House…
Blog Post
Why cheaper gas is right
06-20-08 by dugan I’ve gotten some e-mails telling OilWatchdog that it’s off course in asking drivers to send their gas bills to Congress and demand some action to get prices down. One group says we…
Press Release
Send Your Gas Bill To Congress!
NEWS RELEASE: ‘Send Your Gasoline Bill to Congress’ Campaign Launched by Consumer Watchdog Group Offers Drivers Opportunity to Send ‘Dose of Reality’ to Lawmakers and White House and Demand Action Now, Not Next Year CONTACT:…
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Bush wants west’s water
06-18-08 What I heard today in President Bush’s push to extract Western shale oil was this: Let’s subsidize Big Oil to turn Southern California into a desert and huge swaths of the West into polluted,…