CALIFORNIA | LOCAL
March 17, 2013 |
SACRAMENTO - Although many of California's cities and counties have been struggling financially, putting off road repairs, cutting back library hours and reducing police patrols, there is one way in which they have not held back: hiring Sacramento lobbyists. Local governments' spending on advocacy in the Capitol has surged in recent years, topping $96 million during the two-year legislative session that ended last fall - an increase of nearly 50% from a decade ago. The sum dwarfs the lobbying bills of the state's largest labor unions, big oil companies and other energy interests combined, according to the California secretary of state's office.
February 1, 2013 |
Former Vice President Al Gore is used to taking pot shots from the right, and he's getting peppered with them lately following his decision to sell his unpopular Current TV network to Al Jazeera, the Middle Eastern news channel still vilified by many conservatives as the voice of the Taliban. Gore doesn't have much trouble dismissing that canard -- Al Jazeera's international coverage has in recent years become competitive with the best in the world -- but the grief he's getting from the left clearly makes him a lot more uncomfortable.
May 7, 2012 |
With energy prices high, Big Oil rules atop the Fortune 500, helping to put Texas just a hair behind California as home to the highest-revenue corporations -- 52 firms, compared with the Golden State's 53. The magazine's latest list of mega-enterprises, released Monday, showed Exxon Mobil in the Dallas suburb of Irving edging out Wal-Mart Stores for the top spot, with 2011 revenue of $453 billion, compared with $447 billion at the Arkansas-based...
April 27, 2012 |
Occidental Petroleum Corp. posted a slight increase in first-quarter profit on higher oil prices and record production as energy giants Exxon Mobil Corp. and Royal Dutch Shell reported lower net income. Westwood-based Occidental, the fourth-largest U.S. oil company, said it generated net income of $1.56 billion in the first quarter, or $1.92 a share, up from $1.55 billion, or $1.90, in the same quarter of 2011. Revenue jumped to $6.27 billion from $5.73 billion a year earlier. Occidental Chief Executive Stephen I. Chazen said production rose to the equivalent of 755,000 barrels of oil a day, "the highest in Occidental's history," from 730,000 barrels a day in the first quarter of 2011.
April 3, 2012 |
WAUKESHA, Wis. -- Just before President Obama gave his scathing critique of the Republican Party on Tuesday, Mitt Romney sought to blunt the impact by accusing him of failing to take responsibility for the rise in gasoline prices. Campaigning at a fast-food restaurant in this Milwaukee suburb on the day of Wisconsin's Republican presidential primary, Romney criticized a television ad that Obama's reelection campaign started airing this week in six White House battleground states.
March 30, 2012 |
Upset about high gasoline prices? So are the folks in Congress -- they just have a different way of showing it. As Time staff writers Lisa Mascaro and Christi Parsons reported Thursday: “The Senate blocked an effort to end billions of dollars in tax breaks for the oil industry, brushing aside President Obama's argument that the five big oil companies were doing 'just fine' while consumers were struggling with painfully high gasoline prices.”...