On KFMB-TV Channel 8 in San Diego, CA, Judy Dugan from Consumer Watchdog says rising gas prices are a form of highway robbery.
Archive | Tag: privatization
Press Release
Tesoro Banks On High Gas Prices In California, Touts “West Coast Premium”
Consumer Group Calls On Pension Funds to Divest From Prop 23 Backers Tesoro, Valero
Santa Monica, CA – Consumer advocates revealed an investor slide presentation by Texas-based oil company Tesoro explaining that oil refiners keep gasoline supplies especially tight on the West Coast to keep profits high through higher pump prices. The slides were included in a letter from Consumer Watchdog to California’s large public pension funds, known as CalPERS and CalSTRS, calling on the funds to divest from Tesoro and another refiner, Valero, which are the chief sponsors of Proposition 23 on the November ballot. The Investment Committee of CalPERS is meeting in Long Beach today.
Press Release
Study: Texas-Based Valero Gouging California Drivers For A Decade
Top Prop 23 Funder Doesn’t Want Greentech Competition To Get in Way of Profiteering
Santa Monica, CA – A new report by Consumer Watchdog’s OilWatchdog.org project finds that Valero Energy reaped over $4.5 billion in refining profit while gouging California motorists since it bought its second California refinery in 2002. The oil refining giant, which is also the largest funder of Proposition 23, averaged 37% higher margins on each barrel of oil it refined in California than at refineries it owns elsewhere in the country, according to data published in company financial reports.
Blog Post
Run From Guys With Clipboards
3-5-10 by dugan I guess its’s fitting that it took a New York newspaper to inform Californians that a couple of giant Texas oil refining companies are bankrolling a ballot initiative to kill the…
Blog Post
Petroleum’s Happy Holiday
12-24-08 by dugan The White House giveaways have been so fast and furious that they’re hard to track. But here are a couple of recent tales that round up the oil industry loot in this…
Blog Post
Sex, drugs and oil, part 2
9-15-08 An inspector general’s report about years of hard partying, drug use and lavish gifts at the Denver office of federal oil regulators fingered the involvement of Chevron, Shell and a smaller company. The report…
Press Release
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…
Press Release
Chevron Busts Family Budgets
Chevron Busts Family Budgets In Struggling California Town Of Casmalia State PUC Grants Oil Giant’s Water Company 89.7 Percent Rate Increase; Chevron Wanted 138 Percent CONTACT: John M. Simpson, 310-392-0522, ext 317; or cell: 310-292-1902…
Press Release
BP Deal Sells Out UC-Berkeley
NEWS RELEASE November 14, 2007 CONTACT: John M. Simpson, 310-392-0522, x317; or cell: 310-292-1902 UC Deal With Oil Giant Sells Out University’s Values; Insults Regents and Public, Consumer Advocates Say; New Details Emerge Granting BP…
Press Release
Regents Must Review UC-BP Deal
NEWS RELEASE October 31, 2007 CONTACT: John M. Simpson, 310-392-0522, x317, or cell: 310-292-1902 Consumer Advocates Insist UC Regents Review $500 Million "UC-BP" Deal; Demand Proposed Contract Terms Be Made Public Santa Monica, CA —…
Press Release
Big Oil Gives $500K+ to Giuliani
NEWS RELEASE October 19, 2007 CONTACT: Judy Dugan, 310-392-0522 x305 Giuliani Leaps Past $500,000 Mark in Big Oil Contributions; All Presidential Candidates Should Return Oil Industry’s "Dirty Money," Says Watchdog Group Santa Monica, CA —…
Blog Post
Iraqi Three-in-One
09-04-07 by dugan The media’s Iraq focus this week is on Gen. David Petraus’s predictable one-hand, other-hand report on the progress of the "surge." Yet there’s little Western-media reporting from Dubai and Istanbul,…
Blog Post
Venezuela pulls control from BigOil
Venuezuela pulls control from Big OilBy Mark Reback5/1/07 It’s no surprise that Venezuelan President Hugo Chavez did what he said he would: Take majority control of the Orinoco oilfields of Chevron, Exxon Mobil, BP and…