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Why are gas prices climbing? It is primarily Washington--not OPEC or domestic oil companies--that bears the blame for inflated gasoline prices.(Energy)(Cover Story)
A mid soaring gasoline prices, the incumbent administration came under heavy rhetorical fire from its challenger during the presidential campaign. The candidate, speaking in a community that had been hit particularly hard by the price spike, unleashed a populist broadside against the White House.
"My opponent is giving major oil companies a huge tax break," complained the challenger, pointing to a moratorium on royalties paid to the government by oil companies exploring for natural gas in the Gulf of Mexico. "I believe the royalties moratorium ought to happen when the price declines. We ought not have moratoriums when the price is high. I look forward to hearing ...
- Oil companies to wait for Jan. 17 OPEC meet before cutting prices.(Business)
- Newspaper article from: Manila Bulletin January 2, 2001 700+ words
The oil companies have already agreed...Exporting Countries (OPEC) this January 17...gathered that the OPEC would be meeting to...would wait for the OPEC meeting, Pilipinas...flopping attitude of the oil companies when it comes to bringing...
- Major oil companies gain a foothold in Iraq; Major oil companies gaining a...
- Newspaper article from: International Herald Tribune TIMOTHY WILLIAMS December 2, 2009 700+ words
...Tribune 12-02-2009 Major oil companies gain a foothold in Iraq; Major oil companies gaining a foothold in Iraq...upset the equilibrium among OPEC producersByline: TIMOTHY...invasion of Iraq, major oil companies are finally gaining access...
- OPEC and Oil Companies, Not the U.S. Government, Seen as Mainly to Blame for...
- Press release article from: PR Newswire May 26, 2004 700+ words
...only 23% of the public thinks that the U.S. government is mainly to blame for high gas prices. Most people blame either OPEC (37%) or foreign oil producers (35%) rather than the government. These are some of the results of a Harris Poll of 2...
- Behind the high price of gas: so that Americans have access to reliable,...
- Magazine article from: The New American Farmer, Brian June 26, 2006 700+ words
...Also, "Why would oil companies drive up prices...the last time oil companies made "windfall...they interact. OPEC Crude Cartel It...result, American oil companies have become price...Exporting Countries (OPEC). OPEC accounts...
- OIL COMPANIES INCREASING SEARCH FOR OIL
- Newspaper article from: The Journal Record LEE DANIELS June 25, 1987 700+ words
...as important to oil companies, the wild fluctuations...ministers from OPEC are scheduled to...plunge in prices, oil companies will not fully...estimates that oil companies will spend $12...a breakdown of OPEC's production...
- Oil in a Week - National Oil Companies: The Altered Challenges.
- Newspaper article from: Dar Al Hayat, International ed. (Beirut, Lebanon) October 11, 2009 700+ words
...between the major oil companies and their home...regarding the major oil companies. As it is known...establishment of OPEC in Baghdad in August...Exporting Countries (OPEC) paved the way...such, national oil companies were founded since...
- Oil companies reaping windfalls off high prices, consumer groups say.(Knight...
- Newspaper article from: Knight Ridder/Tribune News Service Wenske, Paul May 11, 2004 700+ words
...said profit margins for oil companies _ after factoring in...contend that domestic oil companies have taken advantage...higher prices charged by OPEC nations. They say that major domestic oil companies gained huge market share...
- The exception that proves the rule: all of the world's national oil companies...
- Magazine article from: The American (Washington, DC) Bryce, Robert September 1, 2008 700+ words
...when most national oil companies--and most OPEC members--are seeing...twice that of national oil companies PDVSA of Venezuela...interested in joining OPEC. So how did Petrobras...its fellow national oil companies have stalled? There...
Source: HighBeam Research, Why are gas prices climbing? It is primarily Washington--not OPEC or...