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KCBS TV-2 LA: Consumer Watchdog Provides Evidence of Gas Price Market Manipulation & Point to CEO Comments

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KCBS TV-2 Los Angeles

 

Consumer Watchdog provided increased evidence of gas price manipulation in California. While California wholesale gas prices are the least in the nation, street prices are the highest. Advocates also played the recording of an investor call, where an oil refiner CEO mused that ExxonMobil may have decided to keep their California refinery offline.