NEWS RELEASE: Chevron Rides Soaring Crude Oil Prices To Record Profit As Consumers Feel Squeeze At Pump CONTACT: John Simpson, 310-392-0522 x317, cell 310-292-1902; or Jamie Court x327 May 02, 2008 Santa Monica, CA —…
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Archive | Tag: record-prices
Press Release
Exxon Posts More Record Profits
NEWS RELEASE May 01, 2008 ExxonMobil Profits Soar to Record On Speculative Oil Prices While Consumers and Economy Suffer Bush, Congress Avoid Real Solutions; Stance Is Inexcusable as Pump Price Soars, Says Consumer Group CONTACT:…
Press Release
Shell & BP Record 1st Qtr Profits
NEWS RELEASE: April 29, 2008 Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group…
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Gunboats and Recession
4-25-08 by dugan Today’s $3.00 per barrel spike in crude oil was a perfect example of market traders capitalizing on hasty news. Initial reports, from military sources, said a U.S. military "contract’ ship fired on…
Press Release
Conoco’s Profit = Higher Gas $
NEWS RELEASE: Consumer Group Sees Warning in Oil Profit Report that Refining Profits Set to Rise, Spiking Gasoline Prices Further Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California CONTACT:…
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Fighting $4-a-gallon diesel
4-23-08 by simpson An Apache Junction, Arizona, trucking firm is fighting to stay in business in the face of $4-a-gallon diesel by driving across the border to Mexico to buy fuel where it sells for…
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Not the Gas Station’s Fault
4-21-08 by dugan I imagine a fair number of drivers think the guy at the corner gas station is raking it in, with the price at the pump getting near–or beyond–$4.00 a gallon. But…
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How to Have It Both Ways
4-17-08 by dugan Yep, the price of oil keeps rising. But the price of gasoline is now rising even faster, up nearly two cents a gallon in one day to $3.418 nationally. Here’s how it’s…
Press Release
Bush Blames $115 Oil on OPEC
NEWS RELEASE: CONTACT: Judy Dugan, 310-392-0522 ext. 305; or cell, 213-280-0175 April 16, 2008 New Oil Price Spike to $115 a Barrel Shows a "Two-Faced" White House That Takes Oil Off U.S. Markets While Blaming…
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Upside, Downside on Gas Tax Relief
4-15-08 by dugan The big upside of Sen. John McCain’s proposal today to suspend the 18.4-cent federal gasoline tax through this summer is that it’s simple and popular: Get rid of a tax…
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Happy, Happy Days for Oil
4-11-08 by dugan Maybe you can only afford to fill your gas tank halfway these days, but I’m sure Big Oil is thanking you. A Bloomberg survey of the profit landscape looks like…
Press Release
Fuel Spike Demands DC Action
NEWS RELEASE: April 11, 2008 CONTACT: Judy Dugan, 213-280-0175; or Jamie Court, 310-392-0522, ext. 327 Relentless Fuel Price Spike Demands White House Action, Says Consumer Watchdog Group Asks President to Deflate Oil Markets With Immediate…
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White House Oil Hoarding
4-09-08 by dugan Government boosts price of oil and gasoline! The actual big headline today is dual records for the price of oil (over $112 a barrel) and gasoline ($3.43 a gallon, up 22…