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- From: harelb@math.cornell.edu (misc.activism.progressive co-moderator)
- Subject: _Public Citizen's_ 90/91 Annual Report: "Buyers Up"
- Message-ID: <1993Jan26.061024.29167@mont.cs.missouri.edu>
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- Date: Tue, 26 Jan 1993 06:10:24 GMT
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- Lines: 87
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- _Public Citizen's_ 90/91 Annual Report: "Buyers Up"
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- "As prices doubled from $20 to $40 per barrel in late summer,
- Buyers Up testified before Congress, addressed the National
- Association of State Attorneys General, and helped to organize a
- coalition to seek solutions to price hikes crippling consumers and
- businesses alike.
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- =================
- B U Y E R S U P
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-
- Oil was a stormy topic in 1990, and Buyers Up was at the center of the
- storm for much of the year.
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- Founded in 1984 as Public Citizen's fuel-buying consumer cooperative
- project, Buyers Up has saved mid-Atlantic home heating oil users
- millions of dollars by mobilizing their collective buying power. In
- 1990, more than 12,000 members from Philadelphia to central Virginia
- saved up to $150 each on heating oil costs.
-
- The skyrocketing price of oil in 1990, fueled by rampant speculation
- in futures trading after the Iraqi invasion of Kuwait, engaged Buyers
- Up staff in an effort to hold down costs and to launch investigations
- of oil company manipulation of the price. As prices doubled from $20
- to $40 per barrel in late summer, Buyers Up testified before Congress,
- addressed the National Association of State Attorneys General, and
- helped to organize a coalition to seek solutions to price hikes
- crippling consumers and businesses alike. Buyers Up called for
- restrictions of the futures trading market, use of the Strategic
- Petroleum Reserve to replace lost oil supplies, stricter anti-trust
- actions by the Justice Department against oil companies, and a General
- Accounting Office investigation into price fluctuations.
-
- In battling the oil companies, Buyers Up was building on lessons from
- a fight earlier in the year, provoked by sudden and unjustified price
- rises for home heating oil during a cold spell in December 1989. Early
- in 1990, Buyers Up testified before Congress and state governments,
- criticizing the big oil firms for taking advantage of the cold
- weather to reap monopoly profits and calling for steps to ensure
- adequate supplies of heating oil in the future.
-
- One of the measures Buyers Up demanded was a strengthened and more
- effective U.S. Energy Information Administration, the federal agency
- that acts as the government's primary source of data about oil and
- energy.
-
- Crippled by budget cuts and hampered by oil company interference, the
- EIA had been reduced to a mere shadow of an agency. Buyers Up
- published a report, _The EIA: A Decade Under Siege_, that contributed
- to the resignation of the EIA's chief and to hopes that it would
- better serve its mandate to supply information to Congress, the
- executive branch, and the public.
-
- In another area, Buyers Up once again focused on the dangers of
- exposure to radon, a naturally occurring, invisible, odorless
- radioactive gas found in many homes. Because radon can cause cancer,
- Buyers Up worked with Congress and the Environmental Protection Agency
- to better inform consumers about the that dangers of radon and how to
- test one's home for the presence of the gas. A particular focus of
- Buyers Up's work was on forcing the development of strict federal
- standards for makers of home radon-detection devices. Many
- do-it-yourself radon test kits are inaccurate and of questionable
- value, Buyers Up told Congress, and consumers ought to beware.
-
- As 1990 drew to a close, Buyers Up called on 19 major oil companies to
- donate 1 percent of their combined 1989 profits, or about 200 million,
- to private, community-based energy assistance programs. Working with
- other community energy groups, Buyers Up challenged the companies to
- use some of the excess profits that resulted from windfall price hikes
- following the Persian Gulf crisis to help needy families cope with
- soaring heating-oil costs.
-
-