Energy

Gas Prices Level Off — For Today

May 3, 2008  ·  Consumer Watchdog

<p> <strong>Stability could be fleeting, analyst says, as California average pauses at $3.92.</strong><br/> <br/> The surge in gasoline prices has stopped for now. The grumbling hasn't.<br/> <br/> As the average price in California...</p>

Chevron’s Profit Tops $5 Billion

May 3, 2008  ·  Consumer Watchdog

<strong>The oil company beats analysts' forecasts despite an 84% drop in earnings from refining and gasoline retailing.</strong><br/> <br/> Record energy prices gave Chevron Corp., the nation's second-largest oil company, a bigger-than-expected...

Chevron Notches Record First-Quarter Profit

May 3, 2008  ·  Consumer Watchdog

<br/> <div class="sidebar"> <div id="objecthumbs"> <div id="contentobjects"> <a href="http://www.sfgate.com/cgi-bin/object/article?f=/c/a/2008/05/03/BUTL10FVD9.DTL&o=0&type=printable"><img src="http://imgs.sfgate.com/c/pictures/2008/05/03_t/bu_earns_chevron_cap_t.gif" border="0" alt="Gas customers reportedly did little to boost Chevron's pr..." vspace="1"/></a>...</div> </div> </div>

Chevron’s 1Q Profit of $5.17 Billion Marks Big Oil’s Latest Gusher

May 2, 2008  ·  Consumer Watchdog

SAN RAMON, CA -- Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.<br/> <br/> Chevron Corp. put yet another exclamation point on the oil patch's long run of prosperity...

Exxon’s $10.9 Billion in Profit Disappoints Street

May 2, 2008  ·  Consumer Watchdog

<strong>Prices at the Pump Aren't Keeping Pace with Rising Oil</strong><br/> <br/> Houston-based ExxonMobil, the No.1 publicly traded oil company in the world, rode record crude oil prices to $10.9 billion in first-quarter earnings Thursday,...

Heated Fuel Price Rhetoric

April 30, 2008  ·  Consumer Watchdog

<p> Rising fuel prices are rattling a lot of people who want action, fast.<br/> <br/> Sen. Dick Durbin (D-IL) has sent a letter to the Chairman of the Federal Trade Commission (FTC), asking for an investigation into the recent spike in...</p>

Average Gas Price Tops $4 in San Francisco

April 28, 2008  ·  Consumer Watchdog

<strong>Motorists express dismay but not surprise at the pump. L.A. is not far behind at $3.878 a gallon.</strong><br/> <br/> SAN FRANCISCO, CA -- Finally, it happened.<br/> <br/> After days of inching upward, gasoline on Sunday crossed the...

Man Asks God for Cheaper Gas

April 28, 2008  ·  Consumer Watchdog

OAKLAND, CA -- A man of faith from the District of Columbia area is going over the heads of government and industry leaders by asking God for cheaper gas.<br/> <br/> Rocky Twyman, a public relations consultant and church choir director from the...

Lawsuit seeks fair price for gasoline in Florida and other warm-weather states

April 27, 2008  ·  Consumer Watchdog

<p> <strong>Suit Wants Oil Companies to Treat Consumers Fairly</strong><br/> <br/> Florida drivers pay among the nation's highest gas prices because of high taxes and the state's lack of refineries and pipelines.<br/> <br/> Now consumer...</p>

Occidental’s Profit Soars 53% to Record High on Surging Oil Prices

April 25, 2008  ·  Judy Dugan

<p> Buoyed by booming energy prices and output, Westwood-based Occidental Petroleum Corp. said Thursday that first-quarter profit leaped 53% to an all-time high.<br/> <br/> Analysts predicted continuing good fortune for the company but...</p>

Gas Prices Reach Record High in R. I.

April 23, 2008  ·  Consumer Watchdog

<strong>And prices are expected to climb even higher in the weeks ahead as the cost of crude oil continues to surge.</strong><br/> <br/> What most of us had painfully suspected is now official: gasoline is more expensive than it has ever been.<br/>...

If elected, will you live the high life?

April 22, 2008  ·  Consumer Watchdog

<p> Here's a story that's worth posting twice. Kudos to Steve Harmon of the San Jose Mercury News for asking the question. And kudos to the leaders-elect of the state Senate and Assembly for promising to hold the public trust in higher... </p>