Tag Archive | "privatization"

Consumer Watchdog Says Rising Gas Prices Are Form Of Highway Robbery

Wednesday, March 9, 2011

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On KFMB-TV Channel 8 in San Diego, CA, Judy Dugan from Consumer Watchdog says rising gas prices are a form of highway robbery.

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Tesoro Banks On High Gas Prices In California, Touts “West Coast Premium”

Monday, October 18, 2010

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Tesoro Banks On High Gas Prices In California, Touts “West Coast Premium”

Consumer Group Calls On Pension Funds to Divest From Prop 23 Backers Tesoro, Valero Santa Monica, CA – Consumer advocates revealed an investor slide presentation by Texas-based oil company Tesoro explaining that oil refiners keep gasoline supplies especially tight on the West Coast to keep profits high through higher pump prices. The slides were included in a letter from Consumer Watchdog to California’s large public pension funds, known as CalPERS and CalSTRS, calling on the funds to divest from Tesoro and another refiner, Valero, which are the chief sponsors of Proposition 23 on the November ballot. The Investment Committee of CalPERS is meeting in Long Beach today.

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Study: Texas-Based Valero Gouging California Drivers For A Decade

Tuesday, October 12, 2010

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Study: Texas-Based Valero Gouging California Drivers For A Decade

Top Prop 23 Funder Doesn’t Want Greentech Competition To Get in Way of Profiteering Santa Monica, CA – A new report by Consumer Watchdog's OilWatchdog.org project finds that Valero Energy reaped over $4.5 billion in refining profit while gouging California motorists since it bought its second California refinery in 2002. The oil refining giant, which is also the largest funder of Proposition 23, averaged 37% higher margins on each barrel of oil it refined in California than at refineries it owns elsewhere in the country, according to data published in company financial reports.

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Run From Guys With Clipboards

Friday, March 5, 2010

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Run From Guys With Clipboards

3-5-10 by dugan   I guess its’s fitting that it took a New York newspaper to inform Californians that a couple of giant Texas oil refining companies are bankrolling a ballot initiative to kill the state’s popular climate change/green energy law. The whole saga is much like Oklahoma oilman T. Boone Pickens’ failed effort in [...]

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Petroleum’s Happy Holiday

Wednesday, December 24, 2008

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Petroleum’s Happy Holiday

12-24-08 by dugan The White House giveaways have been so fast and furious that they’re hard to track. But here are a couple of recent tales that round up the oil industry loot in this lame-duck season–our stockings may be empty, but not Exxon’s (and friends’). Guest Columnist Timothy Egan in the New York Times: [...]

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Sex, drugs and oil, part 2

Monday, September 15, 2008

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Sex, drugs and oil, part 2

9-15-08 An inspector general’s report about years of hard partying, drug use and lavish gifts at the Denver office of federal oil regulators fingered the involvement of Chevron, Shell and a smaller company. The report was years in the making. But it left unanswered a lot of questions about the oil companies’ roles–especially Chevron’s. Were [...]

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Oil Prices Sag, Pump Prices Rise

Tuesday, May 27, 2008

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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 Group CONTACT: Judy Dugan, 310-392-0522, ext. 305, or cell: 213-280-0175 May 27, 2008 Santa Monica, CA — U.S. gasoline prices [...]

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Chevron Busts Family Budgets

Thursday, May 15, 2008

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Chevron Busts Family Budgets

Chevron Busts Family Budgets In Struggling California Town Of Casmalia State PUC Grants Oil Giant’s Water Company 89.7 Percent Rate Increase; Chevron Wanted 138 Percent CONTACT: John M. Simpson, 310-392-0522, ext 317; or cell: 310-292-1902 May 15, 2008 Santa Monica, CA — A decision today  by the California Public Utilities Commission to grant a whopping [...]

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BP Deal Sells Out UC-Berkeley

Wednesday, November 14, 2007

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BP Deal Sells Out UC-Berkeley

NEWS RELEASE November 14, 2007 CONTACT: John M. Simpson, 310-392-0522, x317; or cell: 310-292-1902 UC Deal With Oil Giant Sells Out University’s Values; Insults Regents and Public, Consumer Advocates Say; New Details Emerge Granting BP More Power Over University Research Santa Monica, CA — The $500 million deal with BP signed today by University of [...]

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Regents Must Review UC-BP Deal

Wednesday, October 31, 2007

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Regents Must Review UC-BP Deal

NEWS RELEASE October 31, 2007 CONTACT: John M. Simpson, 310-392-0522, x317, or cell: 310-292-1902 Consumer Advocates Insist UC Regents Review $500 Million "UC-BP" Deal; Demand Proposed Contract Terms Be Made Public Santa Monica, CA — The University of California Board of Regents must approve any contract with BP creating the controversial Energy Biosciences Institute at [...]

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Big Oil Gives $500K+ to Giuliani

Friday, October 19, 2007

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Big Oil Gives $500K+ to Giuliani

NEWS RELEASE October 19, 2007 CONTACT: Judy Dugan, 310-392-0522 x305 Giuliani Leaps Past $500,000 Mark in Big Oil Contributions; All Presidential Candidates Should Return Oil Industry’s "Dirty Money," Says Watchdog Group Santa Monica, CA — Rudy Giuliani is far ahead of the rest of the presidential pack in contributions from the oil and gas industry, [...]

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Iraqi Three-in-One

Tuesday, September 4, 2007

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Iraqi Three-in-One

09-04-07 by dugan     The media’s Iraq focus this week is on Gen. David Petraus’s predictable one-hand, other-hand report on the progress of the "surge." Yet there’s little Western-media reporting from Dubai  and Istanbul, where a series of oil industry-sponsored conferences (here, here and here) is cementing ties between oil executives and Iraq’s chief [...]

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Venezuela pulls control from BigOil

Tuesday, May 1, 2007

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Venezuela pulls control from BigOil

Venuezuela pulls control from Big OilBy Mark Reback5/1/07 It’s no surprise that Venezuelan President Hugo Chavez did what he said he would: Take majority control of the Orinoco oilfields of Chevron, Exxon Mobil, BP and Conoco Phillips. The oil markets yawned. But the struggle isn’t over, with negotiations on terms continuing into June. But the [...]

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