Energy

Exxon’s Second-Quarter Profit Breaks Its Own Record

August 1, 2008  ·  Consumer Watchdog

<p> <strong>The oil giant brings in $11.68 billion, the largest profit for a U.S. company, and still fails to meet analysts' expectations. Critics say Exxon and others aren't doing enough to reduce gas prices.</strong> </p> <p> ExxonMob...</p>

Gasoline Sheds 8 Cents in a Week at State Pumps

July 25, 2008  ·  Consumer Watchdog

<strong>50-Cent Slide Foreseen as Drop in Demand Deflates Crude Oil</strong><br/> <br/> LITTLE ROCK, AR -- Gasoline prices have fallen nearly 10 cents a gallon in the past week as crude oil lost steam because of weak demand in a sluggish...

Pickens Pitches Plans to Shift U.S. Away from Oil

July 25, 2008  ·  Consumer Watchdog

<strong>Wind and Natural Gas Are Priorities on List</strong><br/> <br/> Texas billionaire T. Boone Pickens became one of the world's richest people by drilling for petroleum.<br/> <br/> But these days, he's spearheading a multimillion-dollar...

Misuse of Office

July 20, 2008  ·  Consumer Watchdog

<p> Robert Klein II, who chairs the California Institute for Regenerative Medicine, continues to drag down the $3 billion stem cell research program he helped establish. </p> <p> Klein wrote the 2004 ballot initiative that created the...</p>

Where’s U.S. Shout Heard ‘Round World’?

July 18, 2008  ·  Consumer Watchdog

Gas Prices Fail to Push Most U.S. Drivers to Protest. The national nonprofit Consumer Watchdog recently launched a campaign encouraging consumers to send their gas receipts to members of Congress. And to bring oil prices down, Congress should open strategic oil reserves and regulate the oil-futures speculation market, said Mark Reback, advocate with Consumer Watchdog.

O.C. Drivers Pay More for Hot Gas

July 17, 2008  ·  Consumer Watchdog

When summer temperatures rise in Orange County, you pay more at the pump for your gas, according to the California Energy Commission. <p> Gas flows out of the typical pump in Orange County at 75 degrees in July and 80 degrees in August...</p>

Rising Cost of Electricity

July 17, 2008  ·  Consumer Watchdog

WOLF BLITZER, CNN ANCHOR:  To our viewers, you're in THE SITUATION ROOM.<br/> <br/> You may have noticed the cost of electricity is rising along with seemingly everything else. Some experts are now warning the time may soon come when you...

Oil Lifts Consumer-Product Prices, Too

July 8, 2008  ·  John M. Simpson

<strong>Due to soaring oil prices, everyday consumer items including plastic bags, shampoo, and diapers cost more.</strong> <p> Many American consumers winced when gas prices hit $4 a gallon. But the price of oil has had an impact beyond...</p>

Lobbying Increases with Oil Prices

July 4, 2008  ·  Consumer Watchdog

<p> <strong>Industry spent nearly 62 percent more between 2004 and 2007<br/> <br/> THE OIL LOBBY<br/> Expenditures for federal lobbying by the oil and gas industry:<br/> <br/> • 2004: $51.8 million<br/> <br/> •...</strong> </p>

Brits skeptical of Arnold’s green cred

July 1, 2008  ·  Consumer Watchdog

<p> This story appeared in the British <em>Daily Telegraph</em> today, <a href="http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2225950/Arnold-Schwarzenegger-dents-green-credentials-with-Dodge-Challenger.html">questioning </a><a href="http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2225950/Arnold-Schwarzenegger-dents-green-credentials-with-Dodge-Challenger.html">whether Governor Schwarzenegger's commitment to reducing greenhouse gases is only skin-deep</a>...  </p>

The Causes And Effects Of The Record Breaking Price Of Diesel

June 10, 2008  ·  Judy Dugan

Diesel fuel is the engine of American commerce and public life. Oil companies, by manipulat- ing supply, put sugar in the tank of a whole...

Watchdog Report: Hot Fuel Not Good For Your Pocketbook Or Your Car

June 9, 2008  ·  Consumer Watchdog

A gallon of regular unleaded gasoline at the Shell Station at the Shell Station at the corner of Calhoun and Meeting streets cost $3.969 Monday. The warm gas found in Southern states can help drive up prices at the pump. <p> Thanks to...</p>