Consumer Energy Report is now Energy Trends Insider -- Read More »

Posts tagged “Tyson Slocum”

By Robert Rapier on May 7, 2008 with no responses

Tyson Slocum Testimony

Consumer advocate Tyson Slocum recently testified before the U.S. House of Representatives Committee on Transportation and Infrastructure about the record high gas prices. I am going to resist the urge to do a deep debunking, because 1). I have already taken a shot at his credibility; 2). I haven’t slept in 36 hours; 3). Maybe he’s got some good points? Here is a PDF of his testimony: Testimony of Tyson Slocum Among some of Slocum’s findings (and a “few” comments, since I can’t resist): Public Citizen research shows that oil companies aren’t adequately investing these record earnings into projects that will help consumers, as the five largest oil companies have spent $170 billion buying back their stock since 2005. I… Continue»

By Robert Rapier on Apr 25, 2007 with 2 responses

Tyson Slocum is Wrong

Time to debunk another perpetual myth. In a story today in CNN – Big Oil’s Money Machine – consumer advocate Tyson Slocum makes the following claim: “Are we getting any bang for our buck with record gas prices?,” asked Tyson Slocum, energy program director at Public Citizen, a national consumer advocacy organization. “They aren’t building any new refineries. If they’re not going to translate the high prices into investment for the consumer, why should they be allowed to charge high prices?” What is it with these consumer advocates and not being able to get their facts straight? Here are the facts for Mr. Slocum. According to the Oil and Gas Journal (OGJ) the oil industry invested $176 billion in capital… Continue»