June 5, 1989
One of the more enduring controversies in California's oil industry--the charge by state and local authorities, independent oil producers and others that "Big Oil" has long conspired to fix prices--refuses to die. In fact, the issue is alive and well as the result of last month's decision by the 9th Circuit Court of Appeals. It found that California and Long Beach officials had offered sufficient evidence of a 1970s price-fixing conspiracy by Chevron, Unocal, Mobil, Shell, Exxon and Texaco.
August 19, 2013 |
MEXICO CITY -- Mexico's most prestigious leftist leader on Monday challenged President Enrique Peña Nieto's proposal to open the national oil industry to private investment, setting the stage for what is sure to be a pitched political battle. Cuauhtemoc Cardenas said the state oil monopoly, Pemex, is in dire need of repair, but that amending the Constitution, as Peña Nieto plans , is unnecessary and makes Mexico's resources dangerously vulnerable to outside exploitation. Instead, Cardenas offered an eight-point plan that would give Pemex financial and administrative autonomy, relieving it, he said, of the onerous state bureaucracy that cripples its ability to grow and become more efficient [link in Spanish]
August 26, 2010 |
Federal investigators are showing increasing frustration at murky or nonresponsive answers from oil industry officials as they parse the causes of the worst offshore oil spill in U.S. history. Since the hearings began in May, three BP officials with intimate knowledge of events leading up to the April 20 explosion on the Deepwater Horizon drilling rig have declined to testify before a joint Coast Guard and Interior Department panel, which convened again Wednesday. One repeatedly cited a medical excuse and two invoked their constitutional right not to produce testimony that could incriminate themselves.
CALIFORNIA | LOCAL
December 2, 2012 |
SHAFTER - In this lush pocket of Kern County, where the agriculture and oil industries have long coexisted, Mike Hopkins' almond orchard has become a battlefield in a dispute that extends to the governor's office. Hopkins is standing up to the oil industry - and Gov. Jerry Brown - by filing a lawsuit against the state to bar energy company Venoco Inc. from drilling an exploratory well on his farm without a full environmental review. Venoco has the mineral rights to Hopkins' 38-acre farm.
July 16, 2010 |
Far-reaching legislation that would impose new environmental safeguards on offshore drilling, repeal oil-industry-friendly provisions of energy policy and hit producers with a new tax to fund conservation programs gained ground in Congress on Thursday. Acting as BP at least temporarily halted the flow of oil from its blown-out well, two House committees advanced legislation from a pile of oil-spill-related bills. One bill, approved by the Natural Resources Committee on a largely party-line vote, would strip the oil industry of royalty relief for deep-water drilling.
July 27, 2010 |
If a ballot initiative is known by the company it keeps, we should be just a teeny bit suspicious of Proposition 23, the Nov. 2 measure designed to eviscerate California's new greenhouse gas regulation. The driving force behind the initiative is the oil industry, which has contributed more than $2.3 million to getting it passed. The biggest single contributor is San Antonio-based Valero Energy ($1.05 million, according to the latest state campaign disclosures), with San Antonio-based Tesoro Corp.