Archive | December, 2010

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Valero Uses Contract Workers for Easy Layoffs

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29. December 2010

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Valero Uses Contract Workers for Easy Layoffs

We’ve been watching the refining company Valero since it spent $5 million last year attempting to kill California’s landmark global warming law. Ads for the ballot measure pounded on the idea that killing pollution controls would protect jobs. So does Valero really believe in protecting jobs? Ask the nearly 1,000 contract workers summarily dismissed from Valero’s Aruba plant (pictured) 16 months ago.

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Will Gasoline Prices Crash the Economy? Again?

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28. December 2010

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Will Gasoline Prices Crash the Economy? Again?

Monday’s federal report on gasoline prices is a horror story. The national average price for a gallon of regular spiked seven cents to $3.05 in a week. That’s an all-time record for this time of year–and for no good reason. Yet our federal regulators who could curb speculators are still sitting on their thumbs. I hope it’s uncomfortable.

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Valero ‘Eve of Destruction’ Was a Big Fake

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14. December 2010

Valero ‘Eve of Destruction’ Was a Big Fake

Oil refiner Valero, as it pumped $5 million into a California ballot proposition aimed at killing climate change regulation, warned that such regulation would bring an economic Armageddon of lost jobs in refineries and elsewhere, as well as unaffordable energy prices. A Consumer Watchdog study, however, proved that Valero was only interested in staving off [...]

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What BP’s Secrecy on Payout Deals Sacrifices

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7. December 2010

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What BP’s Secrecy on Payout Deals Sacrifices

We’ve reported about what’s wrong in the secrecy around BP’s payments to Kenneth Feinberg and his law firm, which is doling out compensation for BP’s devastating oil spill in the Gulf. Monday, though, the Center for Justice and Democracy got deep into the guts of the matter.

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BP’s Cost Chiselers Back in Action

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7. December 2010

BP’s Cost Chiselers Back in Action

Late last week, as the presidential oil spill commission’s co-chair and staff blamed BP’s cost-cutting and “failure of management” for the devastating spill in the Gulf of Mexico, BP managers claimed that the government estimate of the amount of the spill by should be cut 20% to 50%, which would save the company billions in [...]

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Jerry Brown, Can Fiji Make You a Wimp?

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2. December 2010

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Jerry Brown, Can Fiji Make You a Wimp?

The wee island nation of Fiji managed Wednesday to back down a California-owned company and extract a fee of 8 US cents per liter on Fiji Water. The state of California can’t even manage to back down Big Oil and charge a few cents a gallon on oil pumped out of its public lands. Jerry Brown, are you listening?

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