NEWS RELEASE: April 26, 2007 CONTACT: Judy Dugan, (310) 392-0522 ext. 305, or cell: 213 280-0175, or Jamie Court, ext. 327 ExxonMobil’s Profiteering At Refineries Brings 1st Qtr Record Even As Revenues Fall; Regulators, Lawmakers…
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Archive | Tag: profiteering
Press Release
BP Losses Offset By West Profits
NEWS RELEASE April 24, 2007 CONTACT: Judy Dugan, (310) 392-0522 ext. 305, cell: (213) 280-0175, or Jamie Court, ext. 327 ‘Bumbling Petroleum’ (BP) Manages to Halt Record Profit Runs; Losses Elsewhere Offset by High Gasoline…
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Big Week for Big Oil
This is 1st quarter profit week for Big Oil. BP Tuesday, Conoco Wednesday, Exxon Thursday and Chevron Friday (Shell not until next week). Yet another record? We’ll be writing about it.
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Is DiFi Too Close To Chevron?
04-12-07 by Court What is the matter with Dianne Feinstein? First she tries to torpedo House-passed legislation forcing oil companies to pay royalties on their offshore drilling leases. Feinstein called the the Dems’ first-100 day…
Press Release
Congress: CA Gas Supply Plan?
NEWS RELEASE: April 10, 2007 CONTACT: Judy Dugan, 310-392-0522 ext. 305, cell: 213-280-0175, or Jamie Court, ext. 327, cell: 310-874-9989 Congress Presses Refiners on California’s Gasoline Price Spike, Supply Restrictions; Rep. Kucinich Requests Oil Companies’…
Press Release
Top Analyst: West Coast Is Toast
NEWS RELEASE: April 9, 2007 CONTACT: Judy Dugan, 310-392-0522 ext. 305, cell: 213 280-0175, or Jamie Court, ext. 327, cell: 310-874-9989 Low Supply Makes the West a "Compromised Market for the Rest of This Decade,"…
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Who’s To Blame For Gas Prices?
04-09-07 by Court The media debate about who is to blame for rising gasoline prices is on. Last week perennial pundit George Will took the oil industry’s line in his syndicated column that gasoline prices…
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I could fill up 10 million times with Oxy CEO’s salary
It was the mathematical symmetry of the number that got to me. It costs me about $46 to fill up my Honda at a California gas station these days ($3.28 for unleaded according to AAA). …
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Civil Action Karma
4-6-07 by Court Seven years ago, I flew back to Chicago to issue a report on how big gasoline price spikes were a result of artificial manipulation of the gasoline supply by oil companies. Tim…
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‘Hot Fuel’ Action Gets Hotter
An Oregon fiscal analyst has filed a class action lawsuit against the major oil companies alleging that the sale of motor fuel above a certain temperature cheats motorists. The suit by Shonna Butler, reported by…
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Oil Seeps Into Senate
Key Senate Dems go soft on bill to close a $10 billion loophole in oil company royalty payments, possibly dooming the measure. The USA Today story says Sens. Dianne Feinstein of California and Jeff Bingaman…
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Gov’t’s Windfall From High Gas Prices
4-4-07 by Court My friend Rose Ann Demoro, who heads the California Nurses Association, reminded me of another reason behind California politicians’ deafening silence over sky-rocketing gasoline prices. It’s not just big campaign contributions from…
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Pols’ Spring Break With Execs
4-04-07 by Court The Sacramento Bee’s Shane Goldmacher reminds us again how big oil companies get extra special time with legislators beyond what their campaign contributions buy. Goldmacher writes about a trip to Japan where…