Big Oil Archives - Page 9 of 10 - Checks and Balances Project

Unused land leases limit tourism and contribute to high gas prices

2011-05-26

As we head into the Memorial Day weekend and the unofficial start of the summer travel season, families are feeling the pinch from high gas prices. Unfortunately, instead of pushing for real solutions to help Americans save money and drive our nation toward energy independence, the oil and gas industry lobby continues demanding more government… Read more »

2011-05-26

The House Natural Resources Committee met yesterday for a hearing titled, “Harnessing American Resources to Create Jobs and Address Rising Gasoline Prices – Part III: Impacts on Seniors, Working Families and Memorial Day Vacations.” The hearing seems to have generated about as much interest as another trequel, “Police Academy 3: Back in Training.” The majority… Read more »

2011-05-24

Today, the House Committee on Oversight & Government Reform released a 40-page report in an attempt to shift blame for the recent increase in gasoline prices away from Big Oil. Chairman Darrell Issa and his Republican colleagues on the committee took in a grand total of $453,910 dollars from the oil and gas industry during… Read more »

2011-05-19

On Thursday, just days after voting to protect $21 billion in corporate welfare for oil and gas corporations, Sen. John Barrasso (R-WY) submitted legislation rolling back water, air, and wildlife protections to drilling impacts. A few key facts about oil and gas drilling on public lands: Oil and gas companies have recklessly polluted our air,… Read more »

2011-05-18

Tuesday night’s vote in the Senate was telling. The vote was on a motion to proceed on S. 90, the Close Big Oil Tax Loopholes Act. If the bill had passed, over the next 10 years $21 billion taxpayer dollars would have stopped flowing into Big Oil’s bank accounts. Instead, that money would have been… Read more »

THE BALANCE SHEET: MAY 3, 2011

2011-05-2

Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT ‘GOUGE-ONOMICS’: PRODUCTION DOWN, PROFITS UP Despite billion-dollar profits across the board, Big Oil refineries are producing less fuel while making more money. It’s too bad this game of monopoly has real impacts to our pocketbooks. According… Read more »

2011-04-29

Denver, CO – This week, as the top five oil companies announce their first quarter profits, the Checks and Balances Project conducted an analysis of the money oil and gas corporations spent in 2010 on campaign contributions and Congressional lobbyists. The numbers tell the story that oil companies’ armies of lobbyists and contributing power give them… Read more »

2011-04-26

For immediate release April 26, 2011 Media Contact: Matt Garrington, Deputy Director [email protected] (303) 454-3376 Washington, DC – This week, Big Oil will announce record profits at a time when Americans are suffering at the gas pump. In the first quarter of 2011, ExxonMobil is expected to post a gain of 50 percent while a… Read more »

THE BALANCE SHEET: APRIL 26, 2011

2011-04-26

Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT WE’RE IN THE WRONG LINE OF WORK While Americans are suffering from pain at the pump, Halliburton reported last week that its first quarter revenue set a company record at $5.3 billion, which is up from… Read more »

THE BALANCE SHEET: APRIL 18 2011

2011-04-18

Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT 2010 ONSHORE OIL SPILLS EXXON VALDEZ x3 Last Tuesday, CBS News reported that there were over 6,500 spills, leaks, fires or explosions nationwide at onshore drill sites or pipelines. And, at least 34 million gallons of… Read more »

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