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Calling Big Oil’s bluff on renewable fuel

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Calling Big Oil’s bluff on renewable fuel

Posted 17 May 2013 in

National

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Calling Big Oil’s bluff on renewable fuel

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Do you make $13.8 million an hour? If you do, you might be an oil company

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Do you make $13.8 million an hour? If you do, you might be an oil company

Posted 2 May 2013 in

National

The top five oil companies have released their quarterly financials, and it should come as no surprise that the fossil fuel industry continues to excel in one area: making money at your expense.

We did a little math and found that with profits averaging $6 billion, the top five oil companies made $13.8 million every hour during the first quarter of 2013. To put that in perspective, the median annual household income in the US is $52,762. In other words, it would take the average American family 261 years to make what the oil companies do in one hour!

So the next time you hear oil companies trying to attack the petroleum alternatives we desperately need, just remember what they’re trying to protect: a monopoly on your gas tank and more money than most people will ever see in their lifetime.

Fuels America News & Stories

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Do you make $13.8 million an hour? If you do, you might be an oil company

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“The best outcome for the oil companies is if nothing changes”

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“The best outcome for the oil companies is if nothing changes”

Posted 26 April 2013 in

National

“The best outcome for the oil companies is if nothing changes”

–Paul Bryan, former Chevron executive

This week, oil companies are releasing their quarterly financials and Chevron, like the rest of the industry, has managed once again to amass exorbitant profits at the expense of the American taxpayer – $6.2 billion dollars in the last three months alone.

Now if oil companies like Chevron were actually interested in reducing the squeeze on our wallets, they would reinvest some of those billions into the research and infrastructure we need to support alternative, renewable fuels. But instead, Chevron “quietly shelved” its renewable fuel projects in 2010, despite assurances from their own scientists that their research had yielded a “technical winner.”

This is all part of a larger pattern. Oil companies were willing to support renewable fuel last decade, when they didn’t see it as viable competition. But now that they see real change on the horizon, they’re more worried about protecting their monopoly than ushering in the next generation of transportation fuel. That’s why API and its corporate backers (like Chevron) will go to any lengths to kill the Renewable Fuel Standard because they know that if gas prices stay high, so do their profits.

If this makes you mad (it sure makes us mad), then take a stand and sign the pledge to support renewable fuel!

Fuels America News & Stories

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“The best outcome for the oil companies is if nothing changes”

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Oil Firms Break Promise on Biofuels, Defying California

Oil Firms Break Promise on Biofuels, Defying California | Fuels America
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Oil Firms Break Promise on Biofuels, Defying California

Posted 23 April 2013 in

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Oil Firms Break Promise on Biofuels, Defying California

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Oil companies renounce petroleum, invest profits in renewable fuel

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Oil companies renounce petroleum, invest profits in renewable fuel

Posted 1 April 2013 in

National

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The Facts Don’t let the oil industry fool you. Join Fuels America to learn the truth and show your support for renewable fuel.

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Oil companies renounce petroleum, invest profits in renewable fuel

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Governor Branstad: Biofuels advance economy, society

Governor Branstad: Biofuels advance economy, society | Fuels America
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Governor Branstad: Biofuels advance economy, society

Posted 27 March 2013 in

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Governor Branstad: Biofuels advance economy, society

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E15: Saving the planet, saving you money at the pump

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E15: Saving the planet, saving you money at the pump

Posted 20 March 2013 in

National

A local NBC news station just ran this great segment on the renewable fuel known as E15. It’s reducing greenhouse gas emissions and saving you money when you fill your tank, but the oil companies want to restrict access to any and all competition.

Fuels America News & Stories

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E15: Saving the planet, saving you money at the pump

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Fuels America’s fight to protect consumer choice and the environment

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Fuels America’s fight to protect consumer choice and the environment

Posted 15 March 2013 in

National

Today we are proud to announce the new FuelsAmerica.org.

Every day it’s more obvious that renewable fuel and the Renewable Fuel Standard (RFS) are a critical part of energy investment in the United States, creating new jobs and helping us break our addiction to oil.

But despite its record of success, renewable fuel is still under attack.

Oil companies are spending millions to roll back established industry standards that expand the use of renewable fuel – the one energy policy proven to reduce our dependence on foreign oil and provide real benefits to Americans.

With the re-launch of FuelsAmerica.org, we will be at the forefront of calling out the lies the oil industry has been spreading. We will rally together to create a movement in support of renewable fuel.

To find out more about this movement, you can check out some new site features to get you started:

Fuels America Map: Find and read stories by people and organizations from around the country, showing how much renewable fuel has made a difference in their lives.

The Facts: Want to learn the truth about oil companies? Visit The Facts section to find out exactly how the oil industry is hurting our economy, environment, and livelihoods.

Facebook and Twitter: Like Fuels America on Facebook and follow Fuels America on Twitter to stay up-to-date on our fight against the oil industry.

Fuels America News & Stories

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Fuels America’s fight to protect consumer choice and the environment

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