Lockyer subpoenas oil companies
Attorney General Bill Lockyer has announced that he is subpoening documents from "21 California refineries, and obtain information from the chief executive officers and other relevant officials of oil companies operating in California, to determine whether the firms are profiteering and gouging consumers." "While California drivers cut back on essentials so they can gas up their cars, oil companies continue to rake in multi-billion dollar profits," said Lockyer. "The companies and their CEOs keep telling us to avert our eyes from the profits and focus on their costs. But they want us to take their word on faith. They never provide the numbers, so we can see exactly how much of their skyrocketing margins are costs and how much are profits. Long-suffering California drivers deserve to know that information. I intend to get it." The leading targets of the subpoenas are ChevronTexaco, ExxonMobil, ConocoPhillips, Valero, Shell, and BP. |
Comments on "Lockyer subpoenas oil companies"
I just heard about this lawsuit and I believe it is a huge waste of taxpayers monies and believe it is a political move by Mr. Lockyer. What a shame! Look around our roads and you will see that it is not so much the new cars (we have lost Nissan Motors to Tennessee already) but the old clunkers that are being allowed to be on our roads polluting our environment. In Switzerland they do not allow these cars (anything that is smoking and would be classified as a 'wreck going someplace to happen' on their roads. Why don't you make laws prohibiting these on the road rather than attacting the oil companies/auto makers? Secondly, if they would do something about all the asphalt that is being laid in the state (new homes/roads, etc) these attract the hot sun and in turn probably are causing a lot of the global warming. Let's investigate newer ways to improve our asphalt and also putting in less grasses and things that need water. There are so many other things to think about rather than this stupid lawsuit you have started. Just another lawsuit. Bah! I won't be voting for you for sure. Sorry! This is the last straw. I did vote for you too but won't again!