Home › Oil Prices

Oil Prices

Video
9/16/2016
Posted by Mark Reback
Tom Vacar speaks with Consumer Watchdog's Jamie Court about why Californians are still getting gouged at the gas pump compared to the rest of the nation.
News Release
8/17/2016
Posted by Jamie Court
Santa Monica, CA -- Testifying before a state panel investigating California’s high gas prices, oil-trading company Vitol blamed ExxonMobil’s lack of transparency for the record 2015 gas price spike. Brad Lucas, a West Coast trader for the company, stated, “if there was more transparency around what was going on with refinery...
Video
8/16/2016
Posted by Mark Reback
Consumer Watchdog presented in front of the Petroleum Market Advisory Committee on California's high gas prices. Jamie Court showed that high prices are the result of market power caused by just 4 companies controlling 78% of California's refining.
News Story
8/15/2016
Posted by Mark Reback
Gasoline is cheap in California compared to a year ago. But it's nowhere near as cheap as it could be. Californians currently spend 49 cents more per gallon than the national average, according to the U.S. Energy Information Administration. For most of the last year, that difference exceeded 60 cents. Several times last summer, it topped $1...
News Story
8/11/2016
Posted by Mark Reback
Californians pride themselves on being number one. Highest population. Biggest economy. Top public university system. Most In-N-Out locations per capita. Let us count the ways in which the Golden State comes first in the nation. But in the competitive category of money spent on gasoline, Californians hold a more dubious distinction: Across the...
News Story
8/9/2016
Posted by Mark Reback
An advocacy group on Thursday blasted profit reports from California's oil refiners, saying there's a huge discrepancy between wholesale and retail prices of gasoline. The average price of a gallon of regular gas in the state is hovering around $2.70 — well above the $2.11 national average, according to the American Automobile Club....
News Story
8/6/2016
Posted by Mark Reback
LOS ANGELES -- Gas prices continue to fall across the country. The national average for a gallon of regular gas is $2.12, according to AAA. But in the most populous state -- California -- people are paying some of the nation's highest prices. A consumer watch group says California drivers are being taken for a ride. "This is the Golden...
News Story
8/6/2016
Posted by Mark Reback
SAN FRANCISCO (KPIX 5) — Even though gas prices in California are cheaper than they were this time last year, Consumer Watchdog says drivers are getting ripped off. The non-profit organization points to the huge disparity between wholesale gas prices and the prices Californians pay at the pump as proof. For example, in Los Angeles oil...
Video
8/6/2016
Posted by Mark Reback
Consumer Watchdog said the high profits from the state refiners that report them helps to explain the odd, extreme current gap between retail and wholesale gasoline prices in the state.
Video
8/6/2016
Posted by Mark Reback
View on YouTube Consumer Watchdog says California drivers are being taken for a ride by Big Oil, because wholesale oil prices are among the lowest in the nation, but our retail gas prices are among the highest in the nation.