Blog Post
1-22-09 by dugan Can California’s poor little oil companies–Exxon, Shell, Chevron and Occidental Petroleum among them, afford in these bad times to pay something back to California for oil they extract and sell in…
Blog Post
1-21-09 by dugan It’s not exactly a buzz yet, but there’s discussion in Washington about banks becoming more like regulated public utilities. Let’s add to that the refining business, which has more in common with…
Blog Post
1-19-08 by dugan How’s your 401 K? Having any trouble paying the mortgage, or the rent? Not Exxon’s problem. It’s on the hunt for bargains–specifically, other oil companies. There’s been a burst of stories like…
Blog Post
1-15-09 by dugan There are tanker ships loaded with cheap crude oil just floating around the oceans waiting for the price to go up, says a report today by Clifford Krauss of the New York…
News Clipping
Meltdown 101: Why Gas Prices Rise While Oil Drops By John Porretto, ASSOCIATED PRESS January 15, 2009 HOUSTON, TX — You may do a double-take as you pass your local gas station. Chances are, the…
Report
1/14/09 by dugan Here’s a truly watchable explanation of how speculative money took over energy markets in 2008 and helped ruin the world economy. Solutions are included, thanks to CBS 60 minutes and Consumer Watchdog’s…
Press Release
Consumer Watchdog For Immediate Release Poll Finds Strong Support for Regulating Oil Companies to Stop ‘Roller Coaster’ Pricing Consumer Watchdog Urges Obama, Energy Secretary-designate Chu to Respond to Public Anger Over Energy Companies’ Rule of…
Blog Post
12-17-08 by dugan I heard recently from a friend in Maine who is freaking out: she’s paying $4.50 a gallon for her home heating oil, even as drivers pay well under $2.00 a gallon for…
Blog Post
Oil companies said, back when crude oil cost $145 a barrel, that exploration and construction costs were too high for them to invest much in drilling and refining. Exxon, for instance, spurned any project that…
Press Release
California Energy Board Seeks To Put Remedy for ‘Hot Fuel’ Ripoff in Deep Freeze — Group Calls for Immediate Fix Draft Report Accepts Industry Call for Ban on Temperature-Compensating Device, Denies Consumers Would Benefit From…
Blog Post
11-20-08 by dugan I’ve been asked a lot lately about why "gasoline is so cheap." Yet the question itself is a result of short memories. Gasoline is certainly a ton cheaper than in July,…
Blog Post
Here’s a case that lights up Exxon’s strategy of reaping all the profit it can, while balking at actually developing new U.S. oil and natural gas resources. Exxon and a few partners recently lost their…
Blog Post
11-17-08 by dugan Sitting inside the wreckage of the rest of the U.S. economy, Exxon Corp. beams with fiscal health. It is protected by its insular, petroleum-only culture, as described in a long NY Times…
