06/22/07 by dugan Yes, at least the Senate’s energy bill vote yesterday wasn’t about opening US coastlines to unlimited drilling and tearing up the Arctic National Wildlife Refuge to get at maybe six months’…
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Archive | Tag: profiteering
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Big Oil’s ‘Buy Low, Sell High”
06-20-07 by dugan We’re seeing oil industry clout chip away at the vigor of the energy bill. Today Big Oil got to keep an accounting trick that saves it $4.3 billion a year in…
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Memories of ’06
06-14-07 by dugan Last year at this time, spot crude oil was about $5.50 a barrel (13.1 cents a gallon) higher than same week this year. Gasoline was, nationally, 14.5 cents a gallon cheaper….
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Big Oil’s Finger To Congress
06-11-07 by dugan The House subcommittee investigating the ‘hot fuel" ripoff asked the CEOs of ExxonMobil and shell to testify at a hearing last Friday. Exxon’s Rex Tillerson and Shell’s John Hofmeister were no-shows, sending…
Report
The Hot-Fuel Toll In Your State
06-11-07 by dugan Here, for the data mavens among you, is the well-written House subcommittee report nailing the “hot fuel” ripoff, and charts (by gallons of energy and dollars lost) showing the toll to drivers…
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Gas Stations Feel Your Pain
06-11-07 by dugan Here’s the best story I’ve seen on why your local gas station isn’t to blame for any part of this year’s astronomical gasoline prices. USA Today shows us how station owners are…
Press Release
Congress Looking At “Hot Fuel” Scam
NEWS RELEASE: June 8, 2007 CONTACT: Judy Dugan, (cell) 213-280-0175, or Jamie Court, 310-392-0522 ext. 327 Congress Sees Motorists Cheated By "Hot Fuel" During Summer Driving Season; Group Urges Honest Measurement of Gasoline to Stop…
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OPEC’s Threat Against Biofuel
OPEC today threatened to cut its investment in oil drilling, sending prices “sky-high,” if the U.S. and Europe even move toward any significant switch to biofuels. It sounds just like Big Oil’s threat to…
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Step 1 Against Price Gouging
I asked Tim Hamilton, an oil industry analyst who advises OilWatchdog, to take a look at the first bill to emerge from Assembly Speaker Fabian Nuñez’s promise to rein in the oil industry in California….
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What Would Tesoro Do?
06-04-07 by dugan Wow. A refiner makes a business decision that also benefits consumers. Pop the Champagne! The LA Times reports today on the decision by Tesoro Corp., a Texas-based refining company, to modernize and…
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Are Gas Prices Too High? Hmm
I’ve moved for the week to the LA Times’ online Dust-Up, (here, then click on Dust-Up, at top center of page) debating Tom Tanton of the Houston-based (and oil/energy industry funded) Institute for Energy Research….
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Yes, Blame the Oil Companies
05-28-07 by dugan The LA Times editorial page awaited me on return from a few days off, and it banished the glow of relaxation. “Don’t Blame Oil Companies” for high gasoline prices, said the editorial…
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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…