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Big Coal is planning an anonymous campaign blitz against elected officials (in Kentucky in this case) who dare to favor any restrictions on coal. That’s according to an internal coal company memo obtained by Kentucky’s Lexington Herald newspaper. This is only a tiny piece of the fallout from the Supreme Court’s decision to let corporations pour unlimited anonymous money into political campaigns. How many of these memos do we not know about?
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Given the fury directed at BP in Congressional hearings on the Gulf oil spill, you’d think the time was ripe to cut the oil industry’s ridiculous subsidies–amounting to at least $40 billion per decade, according…
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Final Thoughts by Khan BP will have to evaluate long and hard as to whether Hayward’s strategy today–be evasive as possible for seemingly legal reasons–was worth the public excoriation that is starting to pile on….
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Hayward: "Blow out preventers…across the world…not fail safe" Liveblog by Khan Hayward tells Rep. Barton that he thinks one of the biggest industry lessons going forward will be to make sure the blow out preventers…
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04-5-2010 by dugan Flash back to two years ago. Oil prices were nearing $120 a barrel and jamming up the price of food, gasoline, travel, almost everything we buy. In April 2008, energy analysts…
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1-05-10 by dugan Supplies of oil and fuel in the U.S. are up, and so is the price of oil–it has surged to $82 dollar a barrel, pushing gasoline over $3.00 a gallon in…
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10-16-09 by dugan Oil prices hit another record for the year today, at over $78 dollars for each 42-gallon barrel in futures markets. That’s well over double the late 2008 low of 32 dollars…
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09-10-09 by dugan Who knew that investment giant Goldman Sachs was in the oil business? I’m picturing top execs earning their tens-of-millions bonuses in hard hats and oil-streaked yellow overalls. The news is part…
Report
08-28-09 by dugan Did you hear the one about how the Bush administration used the wrong calculations last year when it declared that it wasn’t financial speculation causing the huge oil spike price? It’s…
Press Release
Oil Price Spike, As Exxon And Others’ Profit Skids, Shows Potential For New Economy-Killing Energy Roller Coaster, Says Consumer Watchdog Profit Reports Offer More Proof That Oil Prices Are Disconnected From Actual Petroleum CONTACT: Judy…
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7-28-09 by dugan Last fall, the Bush administration said all that business with oil hitting $147 a barrel and gasoline at over $4.00 a gallon was just supply and demand at work. Today–big oops!…
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7-21-09 by dugan Is it hot out? Well, so’s your gasoline. You’re losing a few cents a gallon each time you fill up at the pump. And no, with today’s insulated underground tanks,…
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7-13-09 by dugan Investment bank Goldman Sachs is about to report an eye-popping profit increase, leaving the rest of the economy in the dust. That should remind us of Goldman’s key role in the energy-price…
