06-20-08 After reading all too much recently about what Chicago-based owner Sam Zell wants to do the Los Angeles Times (hyperlocal! shorter! charts! lists! less news, more ads!), I was struck by this long, smart…
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Archive | Tag: refining-operations
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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…
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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:…
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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,…
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McCain and Market Regulation
06-17-08 by dugan Sen. John McCain’s call today to lift a federal ban on drilling off the nation’s coastline won’t win him friends in California, and probably Florida, but the part of his…
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Regulate Oil Prices? How Quaint
6-14-08 by dugan This business short in Saturday papers caught my eye. Not because a federal court turned down Chevron’s demand for a $101-million tax refund, but because it referred to a time when…
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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…
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Up fast, down like a feather
6-4-08 by dugan Gasoline prices, that is. I can say it in one short sentence: Oil prices down, gasoline futures contracts way down, pump prices still spiking. As they say on Marketplace Radio, let’s do…
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$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…
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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…
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Oil Futures Inquiry Welcomed
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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Don’t Blame the Gas Station
5-26-08 by dugan I’ve heard from people who represent gas station owners that oil companies allow only a few cents of profit on gasoline sales, in order to maximize corporate profits. I never…
Press Release
Oil Prices Sag, Pump Prices Rise
NEWS RELEASE 33-Cent Monthly Rise in Gasoline Keeps Oil’s Foot on Drivers’ Necks Oil Prices Sag Yet Pump Keeps Zooming; Lack of Oversight Means ‘Double Whammy for Consumers’ and Economy This Summer, Says…