Archive | October, 2011

Wall Street Oil Speculators Hurt Families, U.S. Economy

14. October 2011

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Wall Street Oil Speculators Hurt Families, U.S. Economy

OilWatchdog and other critics of commodity speculation have long said that rampant speculation in oil futures markets  has hurt families, cost jobs and kept the U.S. economy teetering on the edge of recession. Energy analyst Marc Cooper of the Consumer Federation of America, in a nailed-down new study. finds that speculators are adding about $600 to […]

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Blog Post

Fracking and Yakking

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5. October 2011

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Fracking and Yakking

Exxon Mobil, which is making big bets worldwide on hydraulic fracturing for deeply buried natural gas, is also making big bets on its sincere, earnest advertising about clean, safe natural gas. The ads turn me into a crazy person, yelling at the television during halftimes and seventh-inning stretches. Their claim that they ensure compliance with all “applicable […]

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News Clipping

State’s Drivers Ease Up On The Gas

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2. October 2011

“The pain in their wallets is causing them to rethink their lifestyles,” said Jamie Court, president of Consumer Watchdog in Santa Monica, a frequent critic of Big Oil. “People tend to be a lot more environmentally conscious when just ignoring it is going to cost them something.” The changes are even more significant, Court said, given the steady rise in the number of drivers. “It shows that ultimately we can solve both the higher emission problem and the higher consumption problem associated with more drivers if we can continue to improve fuel efficiency technology,” Court said.

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