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…
Blog Post
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…
Blog Post
Gary Gensler made news today by repeating some earlier pledges to get speculative oil markets under control. He has to act soon. If oil prices can hit $70 a barrel in this economy, they’ll shoot back up to $140 a barrel, with $4-a-gallon gasoline, at the slightest encouragement.
Blog Post
06-30-09 by dugan I choked on my black-bean enchilada when an e-mail alert popped up about a new bill in the Senate. Oklahoma oil and natural gas billionaire T. Boone Pickens, who failed miserably last…
Blog Post
06-30-09 by dugan Chevron keeps throwing money at the lawsuit by Ecuadoran peasants whose land and water were spoiled by oil drilling’s toxic leftovers. The oil giant wants the suit to go away, or at…
Blog Post
6-22-09 Nothing changed in the real world today–economy still shrinking, gasoline consumption near 10-year lows. But speculators who doubled the price of crude oil and sent prices at the pump shooting up got some kind…
Blog Post
06-17-09 by dugan Chevron’s evasions about its "upgrade" of a Northern California refinery to process dirtier, heavier oil got in well-deserved trouble with a state judge recently, thanks to unrelenting pressure from people who live…
Blog Post
06-09-09 by dugan Oil prices hitting close to $70 a barrel today are a speculator’s paradise. Their party, of course, is being paid for by consumers at the pump and struggling businesses. Gasoline is averaging…
Blog Post
06-02-09 by dugan Chevron is spending a little now to save a lot later, at the expense of California children’s health, state parks, poor people, you name it. The oil giant just threw another $250,000…
Blog Post
05-24-09 by dugan Organized protest has come a long way from crude cartoons and thrown-together "white papers." For tomorrow’s annual meeting at Chevron’s San Ramon, CA, headquarters, a loose environmental and activist coalition has produced…
Press Release
‘Optimism’ Is Driving Energy Prices, Consumers Will Suffer The Memorial Day Hangover, Says Consumer Watchdog Oil, Gas Prices Rising Again At Record Clip For Holiday, Despite Oversupply, Low Demand, Says Group Washington, D.C. — The…
Blog Post
05-13-09 by dugan If you go to YouTube and search for "Chevron 60 Minutes," the first three results look like the image at left. Two of them are a real and tough "60 Minutes"…
Press Release
Exxon Profit at 2003-04 Levels ‘Shows What Normal Looks Like,’ Says Consumer Group Santa Monica, CA — Exxon Mobil’s first quarter profit of $4.55 billion dollars is small only by comparison to the last six…
