Press Releases

Chevron Rides Soaring Crude Oil Prices To Record Profit As Consumers Feel Squeeze At Pump

Consumer Group Cites “Oil Profits Monster” database; Calls On President Bush, Congress To Act On Oil Prices

Santa Monica, CA -- Chevron today posted record first-quarter profits of $5.17 billion while...

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ExxonMobil Profits Soar to Record On Speculative Oil Prices While Consumers and Economy Suffer

Bush, Congress Avoid Real Solutions; Stance Is Inexcusable as Pump Price Soars, Says Consumer Group

Santa Monica, CA — Record first-quarter profits, up a staggering 17 percent to $10.89 billion reported today...

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Poizner Capitulates to Insurance Industry, Weakens Prop 103 Insurance Rate Regulations, Author of 103 Says in Letter

Industry-Drafted Proposals Will Lead to Higher Insurance Rates
 
Insurance Commissioner Steve Poizner has quietly adopted insurance industry proposals to weaken the rate regulations that led to last week’s...

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Speculative Oil Price Brings Roof-Busting Profits to Shell, BP at Cost of Squeezed Consumers, Suffering Economy

Government’s ‘Business as Usual’ Stance Is Inexcusable as Pump Price Soars, Says Consumer Group

Santa Monica, CA -- The first-quarter record profits reported today by oil giants BP and...

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Consumer Victory: Judge Refuses to Block Allstate's $250 Million Rate Reduction

A San Francisco judge refused auto insurance giant Allstate’s request to block a $250 million auto insurance rate decrease set to go into effect next Monday.
 
Last month, California Insurance Commissioner Steve...

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Consumer Group Sees Warning in Oil Profit Report That Refining Profits Set to Rise, Spiking Gasoline Prices Further

Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California

Conoco Phillips’ CEO all but apologized for his company’s 1st quarter profits today, even though the $3.29 billion total...

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Consumer Group Sees Warning in Oil Profit Report That Refining Profits Set to Rise, Spiking Gasoline Prices Further

Analyst Predicts Over $4 a Gallon Nationally, Up To $5 in California

Conoco Phillips’ CEO all but apologized for his company’s 1st quarter profits today, even though the $3.29 billion total...

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$62 Billion Savings on Auto Insurance in California Since Voters Approved Insurance Reform Proposition 103 Twenty Years Ago, According to National Study

BREAKING TODAY:  Allstate In Court To Block $250 Million Prop 103 Rate Cut

Santa Monica, CA -- California has the best automobile insurance regulation in the nation, with the slowest-growing premiums and one of...

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Consumer Watchdog Calls on Governor & Regulator to Immediately Reinstate All Wrongfully Cancelled Patients, Move Forward on Delayed Rules

Santa Monica, CA -- In the wake of last week's announcement by Governor Schwarzenegger and state regulators that health insurers would be required to reinstate 26 patients whose health policies were wrongfully cancelled, Consumer...

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White House Silence, Inaction on Pump Price Spike is Opposite of Bush 2006 Response, Says Group

Consumers, Economy Are Buckling Under Gasoline and Diesel Price Records As Government Stays Mum

The 16-cent national rise in gasoline prices over two weeks, to more than $3.50 a gallon on average, is busting family...

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