Senator Boxer Correspondence with Shell Oil – 4/9/04
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Energy
Energy and utility watchdog coverage — gas prices, oil-industry profits, utility rates, and clean-energy accountability.
Camera! Action!… No Lights?
<font face="verdana,sans-serif" size="2">In a letter to PUC Chairman
Mike Peevey today, Governor Schwarzenegger announced his intention to
send California back into the throes of energy deregulation, putting as
much as a quarter of the...</font>
Shell Slide Presentation Showing Mechanical Problems With HCU (Hydro-conversion Unit compressor) Slowed Refinery, Not Lack Of Crude Oil
<p class="source">Shell Oil Co.</p>
Data Showing How CA Oil Companies’ Profits Rise With Price At Pump
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Memo to state: volume discount
<p class="source">San Jose Mercury News</p>
<p>The state's budget crisis has gone well past the point where it can continue to pick the pockets of taxpayers while lining the pockets of pharmaceutical companies. California should demand the same deal it gets on office equipment or tires: Big buyers ge</p>
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>
Little interest in figuring out gasoline prices
<p class="source">The Pantagraph (Bloomington, Illinois)</p>
<p>It's time for lawmakers to ignore the squeaky wheels, usually called special interests, and get to the bottom of why gasoline prices can jump 20 cents a gallon overnight.</p>
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>
As California enjoys lull in energy storm, it also faces repeat of deregulation debate
<p class="source">Associated Press</p>
<p>What is being debated now, said Doug Heller of the Foundation for Taxpayer and Consumer Rights, are bills that are "still driven by the idea that we should try to regain a deregulated marketplace." They also contain elements of the flawed 1996 deregulatio</p>
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>