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News Release
7/23/2008
Posted by Consumer Watchdog
2nd Quarter Report Shows Industry Still Buying Its Own Stock, Not Investing Record Profits in New Oil or Renewables, Says Consumer Watchdog; Congress Must Act   Santa Monica, CA -- ConocoPhillips is the smallest of the Big Five Oil companies, but it made an enormous leap in revenues and profits in the 2nd quarter as the U.S. economy and...
News Story
7/17/2008
Posted by Consumer Watchdog
Gas Prices Fail to Push Most U.S. Drivers to Protest One worldwide group protests mayonnaise. Other people posed nude inside potholes for a calendar to object to the pesky pits in roads. Hard-nosed animal activists even boycotted paper towels containing whey. Seems nearly every issue and product has opposition ready to rally and march. So...
News Story
7/17/2008
Posted by Consumer Watchdog
WOLF BLITZER, CNN ANCHOR:  To our viewers, you're in THE SITUATION ROOM. 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 won't be able to get electricity, at least temporarily, at any price. Wow. Let's bring in Carol Costello. She is...
News Story
7/17/2008
Posted by Consumer Watchdog
The consumer price index, used to gauge inflation, has jumped 5% since June 2007. Figuring it out means the Bureau of Labor Statistics staff must collect prices for items such as pizza, laptops and cars. Kim Gomory treks more than 850 miles each month, stopping by more than 120 grocers, gas stations, restaurants, stores, health clubs and other...
News Release
7/2/2008
Posted by Consumer Watchdog
Report Shows How Oil Companies Shorted the Market and Made It Happen   Santa Monica, CA -- Oil companies put the brakes on the U.S. economy this spring by manipulating the supply of diesel fuel and spiking the price, according to a new study commissioned by Consumer Watchdog. The detailed report shows that oil companies and their refiners...
News Release
6/23/2008
Posted by Consumer Watchdog
New Legislation Aims at Taming Energy Markets; Consumer Watchdog Decries Likely Lack of Senate, White House Support Santa Monica, CA -- U.S. Gasoline prices and crude oil markets were stuck near record highs again Monday as Consumer Watchdog continued a campaign to have consumers send their gasoline bills to Congress to spur action.  ...
News Release
6/19/2008
Posted by Consumer Watchdog
Group Offers Drivers Opportunity to Send ‘Dose of Reality’ to Lawmakers and White House and Demand Action Now, Not Next Year   Santa Monica, CA -- Consumer Watchdog, using an innovative Web-based form, today launched a nationwide campaign to help drivers get the attention of Washington’s elected officials, who rarely have to...
News Story
6/9/2008
Posted by Consumer Watchdog
The group Consumer Watchdog is calling for the U.S. government to regulate U.S. gasoline supplies and refinery operations, arguing that refiners are keeping gasoline supplies tight in order to maximize profits. "Historically, gasoline refiners and marketers held about a 30-day national supply of gasoline, but in recent years the supply has...
News Release
6/6/2008
Posted by Consumer Watchdog
Price Spike Follows Self-Serving Prediction of $150 a Barrel, Israeli Threat Against Iran; U.S. Government Must Speed Market Regulation Santa Monica, CA -- The price of crude oil jumped $11 a barrel on Friday to $138, mostly on the ginning up of news that has nothing to do with current supply and demand, said Consumer Watchdog. The spike followed...
News Story
6/5/2008
Posted by Consumer Watchdog
Ideas to help people ease the burden of high gas prices are swirling in Washington. Will any of them work?   NEW YORK, NY -- With a nationwide average gas price of just about $4 a gallon, lots of people are thinking there must be something the government can do to help. Some things which contribute to high gas prices are largely out of the...