7-10-08 by dugan The major airlines, which are teetering on the financial edge because of oil and fuel prices, are a little late to the party on the effects of unregulated oil markets. But…
Blog Post
Archive | Tag: profits
Blog Post
Big Oil = 6 of top 10 Fortune 500
Fortune Magazine has released their Global 500 list of the top international companies, and to no one’s surprise, thanks to their obscene record profits, Big Oil companies hold 6 of the top 10. Check out…
News Clipping
Big Oil Increases Lobbying
Lobbying Increases with Oil Prices Industry spent nearly 62 percent more between 2004 and 2007 By Bennett Roth, HOUSTON CHRONICLE July 04, 2008 THE OIL LOBBY Expenditures for federal lobbying by the oil and gas…
Press Release
$5 Diesel = Economy-Killer
NEWS RELEASE: $5 Diesel Fuel, the Economy-Killer New report shows how oil companies shorted the market and made it happen. CONTACT: Judy Dugan 310-392-0522 x305 or cell 213-280-0175; or Jamie Court x327 July 02, 2008…
Press Release
New Bills to Curb Oil Speculation
NEWS RELEASE: Congress Plans Action on Oil Market Speculation As Consumers Send Their Gas Bills to Legislators, White House New Legislation Aims at Taming Energy Markets; Consumer Watchdog Decries Likely Lack of Senate, White House…
Blog Post
Why cheaper gas is right
06-20-08 by dugan I’ve gotten some e-mails telling OilWatchdog that it’s off course in asking drivers to send their gas bills to Congress and demand some action to get prices down. One group says we…
Press Release
Send Your Gas Bill To Congress!
NEWS RELEASE: ‘Send Your Gasoline Bill to Congress’ Campaign Launched by Consumer Watchdog Group Offers Drivers Opportunity to Send ‘Dose of Reality’ to Lawmakers and White House and Demand Action Now, Not Next Year CONTACT:…
Blog Post
Bush wants west’s water
06-18-08 What I heard today in President Bush’s push to extract Western shale oil was this: Let’s subsidize Big Oil to turn Southern California into a desert and huge swaths of the West into polluted,…
Blog Post
Greed for pennies
Just when you think big oil companies like ExxonMobil might be content with tens of billions of yearly profits, they surprise you by grasping for pennies. This time it’s not just the driver at the…
Blog Post
Filibuster saves Big Oil. Again.
6-10-08 by dugan The Senate was barely in session today when Republican leaders used a parliamentary maneuver to cut off all debate on a pair of bills to get oil and gasoline prices under control…
Blog Post
Get it done, already!
6-9-08 by dugan With gasoline at $4.04 nationally, and nearly $4.50 in California and a few other states, Washington is sleepwalking. President Bush today still had no better idea than drilling for oil in the…
Press Release
$4 Gas Is Breaking Point
NEWS RELEASE: Gasoline Brushing $4.00 Is Breaking Point for Consumers Hit by Flat Wages, Job Losses Government Must Speed Market Regulation, Says Consumer Watchdog; Group Calls for Stiffer Oil Trading Rules and Oversight of Refineries…
Blog Post
Regulation Hinted, Oil Price Drops
5-29-08 by dugan It’ll take a few days to see what’s really going on in oil markets, but still… a $4-a-barrel price drop in crude oil markets today followed news that federal regulators…