Just when you think big oil companies like ExxonMobil might be content with tens of billions of yearly profits, they surprise you by grasping for pennies. This time it’s not just the driver at the…
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Archive | Tag: price-gouging
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Get it done, already!
6-9-08 by dugan With gasoline at $4.04 nationally, and nearly $4.50 in California and a few other states, Washington is sleepwalking. President Bush today still had no better idea than drilling for oil in the…
Press Release
Oil Market Out of Control
NEWS RELEASE: Oil Price Spike to $138 a Barrel Shows a Market Out of Control, Says Consumer Watchdog Price Spike Follows Self-Serving Prediction of $150 a Barrel, Israeli Threat Against Iran; U.S. Government Must Speed…
Press Release
$4 Gas Is Breaking Point
NEWS RELEASE: Gasoline Brushing $4.00 Is Breaking Point for Consumers Hit by Flat Wages, Job Losses Government Must Speed Market Regulation, Says Consumer Watchdog; Group Calls for Stiffer Oil Trading Rules and Oversight of Refineries…
Press Release
Oil Futures Inquiry Welcomed
NEWS RELEASE: Consumer Watchdog Welcomes Investigation of Oil Price Manipulation, Cautions That CFTC May Be Ill-Equipped Group Calls for FBI, Justice Department Participation, Public Support by Bush CONTACT: Judy Dugan, 310-392-0522 x305, cell 213-280-0175; or…
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Oil Prices Sag, Pump Prices Rise
NEWS RELEASE 33-Cent Monthly Rise in Gasoline Keeps Oil’s Foot on Drivers’ Necks Oil Prices Sag Yet Pump Keeps Zooming; Lack of Oversight Means ‘Double Whammy for Consumers’ and Economy This Summer, Says…
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$5 a Gallon Knocks Out Truckers
5-23-08 by dugan There’s no one harder hit by fuel prices than the nation’s truckers, and they’re going bankrupt at near record rates. The price of diesel jumped a nickel a gallon nationwide today, to…
Press Release
“Hot Fuel” Fix Urgent
NEWS RELEASE Zooming Oil Price Makes "Hot Fuel" Fix More Urgent as Memorial Day Approaches Consumer Groups Criticize Oil Industry Resistance to Fixing Hidden Charge at Pump That Costs U.S. Drivers Close to $3 Billion…
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Bush Forced to Cap Oil Reserve
White House Forced to Cap Oil Reserve; Should Embolden Congress to Push for More To Drop Energy Prices Consumer Watchdog Calls for Sales from Reserve, Warning to Refineries, Swift Action on Oil Trading Curbs Judy…
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Greasing The Wheels
5-16-08 by simpson Chevron Corp. just gave $100,000 to Gov. Schwarzenegger’s Dream Team Committee making the oil giant the 14th biggest contributor to Arnold since 2003. Chevron has given his various committees a total of…
Press Release
Tax Refunds Going to Gas Tanks
Gas Up 11 Cents In Week, 34 Cents In a Month; Consumers’ Tax Incentive Going Straight to Gas Tanks White House Scorns Action, Congress in Gridlock as Soaring Prices Push Inflation, Motorists Cry ‘Uncle’ …
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Chevron’s Record 1st Qtr Profit
NEWS RELEASE: Chevron Rides Soaring Crude Oil Prices To Record Profit As Consumers Feel Squeeze At Pump CONTACT: John Simpson, 310-392-0522 x317, cell 310-292-1902; or Jamie Court x327 May 02, 2008 Santa Monica, CA —…
Press Release
Exxon Posts More Record Profits
NEWS RELEASE May 01, 2008 ExxonMobil Profits Soar to Record On Speculative Oil Prices While Consumers and Economy Suffer Bush, Congress Avoid Real Solutions; Stance Is Inexcusable as Pump Price Soars, Says Consumer Group CONTACT:…