Archive | Tag: profits

Press Release

NEWS RELEASE:  Consumer Watchdog Welcomes Investigation of Oil Price Manipulation, Cautions That CFTC May Be Ill-Equipped Group Calls for FBI, Justice Department Participation, Public Support by Bush CONTACT: Judy Dugan, 310-392-0522 x305, cell 213-280-0175; or…

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Blog Post

5-28-08 by dugan Faced with ticked-off shareholders and demonstrators from Ecuador and Nigeria today, Chevron CEO and Chairman David O’Reilly lost his temper at a Nigerian protest leader. The protests over Chevron’s behavior in Ecuador,…

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Blog Post

5-28-08 by dugan     Today’s large-shareholder revolt against Exxon’s management got just under 40% of shareholder votes today  about what it got at last year’s annual meeting. Exxon viewed it as a victory, but…

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Blog Post

5-22-08 by dugan     Watching the same pack of oil executives troop to the House of Representatives today and the Senate yesterday was mostly a deja vu experience. The execs’ canned testimony was from…

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Press Release

NEWS RELEASE Zooming Oil Price Makes "Hot Fuel" Fix More Urgent as Memorial Day Approaches Consumer Groups Criticize Oil Industry Resistance to Fixing Hidden Charge at Pump That Costs U.S. Drivers Close to $3 Billion…

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Blog Post

5-14-08 by dugan     I hope the nay-sayers who insist that stopping the flow of oil into the federal Strategic Petroleum Reserve won’t drop prices were watching today. On news that U.S. petroleum supplies…

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Blog Post

5-12-08 by dugan It’s a flat-out lie when oil companies say they’re only making an "average" percentage of profit compared to other companies. Furthermore, journalists shouldn’t be taking the oil industry’s figures at face value….

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Blog Post

5-9-08 by dugan     …And See If It Sticks. That appears to be where government stands on quelling oil and gasoline prices. Congress is now proposing bucketsful of legislation and other actions in a…

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