08-22-07 by dugan California Assembly Speaker Fabian Núñez promised at a Chevron gas station in downtown Los Angeles a few months ago to “curb oil company machinations that drive up gasoline prices.” There’s a…
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Archive | Tag: price-spike
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Bottom of Price Dip?
08-17-07 I asked "Insider" about some reports that gasoline supplies nationally were easing backward, and gasoline imports in particular are way down–wondering about the effect on pump prices. He sees refinery managers working hard…
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Invest Wisely, Don’t Pollute
08-01-07 by simpson BP – Bumbling Petroleum – is deservedly under fire for plans to dump more toxic ammonia and mercury into Lake Michigan and spew more pollutants into the air as part of a…
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Chevron Record Refinery Profit
NEWS RELEASE July 27, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175, or John Simpson, ext. 317 Chevron Record Profit Driven by Refining Profits Up 41% in US, 30% Overall, On Record Gasoline…
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Exxon’s Record Refining Profits
NEWS RELEASE July 26, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, cell: 213-280-0175, or John Simpson, ext. 317 Record Pump Prices Give Exxon Record Refining Profits, More than $10 Billion Total Earnings; Group Calls for…
Press Release
BP’s Refining Shores Up Profit
NEWS RELEASE July 24, 2007 CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175 BP’s 2nd Quarter Refining Windfall Shores Up Lower Profit Elsewhere; Rest of Big Oil Will Show Same Pattern Of More Money…
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Oil Refining: Slow-Motion Enron
07-23-07 by dugan When is the oil industry most like Enron? When it’s draining supplies of gasoline instead of building them, guaranteeing record pump prices that empty your wallet into their profits. That’s…
Press Release
Study: Refinery Cuts = Price Spikes
NEWS RELEASE July 23, 2007 CONTACT: Judy Dugan, 310-392-0522 ext. 305, or Doug Heller, ext. 309, or Tim Hamilton, 360-495-4941 "The Katrina Syndrome": Study Finds Oil Refiners’ Inventory Cuts Generated 2007 Price Spikes; Investigation, Oversight…
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Gasoline Drives Oil Prices
07-12-07 by dugan I’m no fan of OPEC, though I’m pretty sick of Big Oil describing itself as merely a pawn in the global fuel markets. So a Reuters report yesterday out of an…
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Coast to Coast Suspicion
06-26-07 by dugan OilWatchdog’s home in California is a continent away from Albany, NY, but this editorial in the Albany Times Union shows the credibility of oil companies is in the tank from coast…
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Bar Chart From Hell
06-15-07 by dugan Check out this startling graphic on refinery use from last week’s federal oil report. The Wednesday roundup from the Energy Information Administration is usually just chatty propaganda: It’s where the Bush…
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Snake Oil For Foreign Oil
5-29-07 by Court The New York Times outs the coal industry’s latest scheme to turn high gasoline prices into a giant subsidy for coal-to-liquid fuel. The industry argues our energy should be coming from Middle…
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Defining Gouging
5-24-07 by Court TV is buzzing about the House of Representatives passage of new legislation to restrict gasoline price gouging. The laudable goal is to restrict unconscionable prices, and it is laudable that the debate…