High Oil Prices Pump Up Concern

By Charlie Feder

Monday, July 29, 2013

Summer is under way, with its barbecues, parades, beach trips – and higher gas prices. And Angelenos recently found themselves paying a dizzying 11 cents more for every gallon – in an area that already ranks among the top five in the nation for high gas prices.

As a business owner who operates an all-natural gas fleet, we will avoid the fluctuations of summer gas prices, but our customers will feel the impacts.

Meanwhile, with $44 billion in profits last year, the oil companies’ grip on the industry affects our personal savings and business operations, and the nation’s economy. To be sure, gas prices rise and fall for many reasons, but one dangerous constant is that here in California, in particular, large oil companies are increasingly consolidated, reducing competition and generating concerns that consumers have ever-fewer defenses.

Chevron CEO: cutting carbon will take a long time.

May 30, 2013

By David R. Baker

Chevron CEO John Watson had his hands full Wednesday at the oil company’s annual shareholders meeting in San Ramon.

As usual, he faced tough questioning over the company’s$19 billion pollution lawsuit in Ecuador. Some of the exchanges grew tense, and one of the speakers was ejected from the room. For a full account, check out my story here.