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Energy

TOP 5 COMPANIES IN ARIZONA POST AVERAGE GAIN OF 90%;

TOP 5 COMPANIES IN ARIZONA POST AVERAGE GAIN OF 90%;

<h3>SUPPLIERS REAP GASOLINE PROFITS</h3><p class="source">The Arizona Republic</p> <p>FTCR recently published a report that correlated oil company profits with retail gas prices. Court found that from 2002 to 2003, a 31 percent increase in gasoline prices translated into a 90 percent increase in profits at the five largest oil companies in</p>
Shell Asked to Keep Oil Refinery Operating

Shell Asked to Keep Oil Refinery Operating

<p class="source">Los Angeles Times</p> <p>Jamie Court of the Santa Monica-based Foundation for Taxpayer and Consumers Rights has threatened to sue Shell under the state's Unfair Competition Law if Lockyer fails to take action.</p>
Oil firms’ profits rise sharply

Oil firms’ profits rise sharply

<p class="source">San Jose Mercury News</p> <p>A study released Tuesday backs a common complaint from drivers: Profits for oil companies have been rising sharply along with prices at the gas pump. The average profits for California's top five oil companies rose 298% in 2002, while gas prices increased</p>
Energy deregualtion bill moves forward

Energy deregualtion bill moves forward

<p class="source">Associated Press</p> <p>Opponents, which include some independent power producers and consumer groups, say the bill will not work as proposed. Doug Heller, of the Foundation for Taxpayer and Consumer Rights, warned that deregulation of the electricity market has been tried befor</p>
Power-crisis indictments name Reliant, former execs

Power-crisis indictments name Reliant, former execs

<p class="source">The San Diego Union-Tribune</p> <p>"Reliant was among a group of large energy companies that robbed California blind during deregulation, so this should only be the beginning of indictments," said Douglas Heller, executive director of the Foundation for Taxpayer & Consumer Rights</p>