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 —…
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Archive | Tag: price-spike
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:…
Press Release
Shell & BP Record 1st Qtr Profits
NEWS RELEASE: April 29, 2008 Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group…
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Gunboats and Recession
4-25-08 by dugan Today’s $3.00 per barrel spike in crude oil was a perfect example of market traders capitalizing on hasty news. Initial reports, from military sources, said a U.S. military "contract’ ship fired on…
Press Release
Conoco’s Profit = Higher Gas $
NEWS RELEASE: Consumer Group Sees Warning in Oil Profit Report that Refining Profits Set to Rise, Spiking Gasoline Prices Further Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California CONTACT:…
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Not the Gas Station’s Fault
4-21-08 by dugan I imagine a fair number of drivers think the guy at the corner gas station is raking it in, with the price at the pump getting near–or beyond–$4.00 a gallon. But…
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Demand for White House Action
April 21, 2008 News Release Contact: Judy Dugan, 310 392-0522, ext. 305 White House Silence, Inaction on Pump Price Spike is Opposite of Bush 2006 Response, Says Group Consumers, Economy Are Buckling…
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Why You Can’t Afford Gasoline
4-17-08 by dugan The government will never willingly change the duplicitous way it calculates inflation, which is why it doesn’t get written about much. So it’s worth pointing out a good column by…
Press Release
Bush Blames $115 Oil on OPEC
NEWS RELEASE: CONTACT: Judy Dugan, 310-392-0522 ext. 305; or cell, 213-280-0175 April 16, 2008 New Oil Price Spike to $115 a Barrel Shows a "Two-Faced" White House That Takes Oil Off U.S. Markets While Blaming…
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Upside, Downside on Gas Tax Relief
4-15-08 by dugan The big upside of Sen. John McCain’s proposal today to suspend the 18.4-cent federal gasoline tax through this summer is that it’s simple and popular: Get rid of a tax…
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Happy, Happy Days for Oil
4-11-08 by dugan Maybe you can only afford to fill your gas tank halfway these days, but I’m sure Big Oil is thanking you. A Bloomberg survey of the profit landscape looks like…
Press Release
Fuel Spike Demands DC Action
NEWS RELEASE: April 11, 2008 CONTACT: Judy Dugan, 213-280-0175; or Jamie Court, 310-392-0522, ext. 327 Relentless Fuel Price Spike Demands White House Action, Says Consumer Watchdog Group Asks President to Deflate Oil Markets With Immediate…
Press Release
Where’s Congress, White House on Gas Prices?
NEWS RELEASE: April 07, 2008 Gallon of Regular Gasoline Spikes Nearly a Nickel in a Week, 17 Cents Since March 3 Refineries’ Profit Surge Comes On Top of Record Profits Reaped From High Oil Prices;…