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News Release
4/9/2015
Posted by Cody Rosenfield
Santa Monica, CA --- California drivers paid $1 billion extra at the pump in March, when compared to the national average gas price charged to U.S. drivers, according to an analysis of the latest government data by Consumer Watchdog. The nonprofit consumer group said refiners continued to reap a windfall in the wake of refinery shutdowns in...
News Release
4/7/2015
Posted by Jamie Court
Santa Monica, CA -- The nonprofit group Consumer Watchdog said that California legislation being debated today to cut petroleum demand in half will radically reduce the price of fuel in California. The group pointed out that reducing demand for gasoline is a critical factor in blunting the oil company price gouging that Californians witnessed in...
News Story
4/1/2015
Posted by Mark Reback
While crude oil prices stayed low, prices at the pump for California drivers shot up $1 in February, and motorists in the Golden State continue to be squeezed by price spikes while refineries reap big profits, a Santa Monica consumer advocacy group said last week. Refineries going off line -- like two that shut down in February, including Exxon...
News Story
4/1/2015
Posted by Mark Reback
(Reuters) - Billionaire environmental activist Tom Steyer and the head of a consumer watchdog group on Tuesday said California state lawmakers should subpoena oil industry executives if they fail to answer questions about February's gasoline price spike. The call comes after oil executives were absent from a March 24 state Senate hearing in...
News Story
4/1/2015
Posted by Mark Reback
Californians are used to gyrating gas prices, but the latest swing from the lowest in years to nearly a dollar above the national average is leaving drivers in a tizzy. Some are accusing oil companies of manipulating prices. The industry blames an explosion and a strike at two refineries. Academics say it's structural — the unique...
News Release
3/31/2015
Posted by Liza Tucker
Santa Monica, CA — Business leader, philanthropist and climate activist Tom Steyer and Consumer Watchdog President Jamie Court asked California lawmakers to subpoena oil industry executives to explain why California’s gasoline market is structured for shortages and volatility.   The executives declined to testify at a March 24...
News Story
3/30/2015
Posted by Mark Reback
When California lawmakers met last week to begin asking questions about the recent rise in gasoline prices, Tom Steyer took notice. Steyer, the billionaire environmental activist and Democratic mega-donor, signed his name to a letter Monday sharing his appreciation for the Senate’s preliminary probe into why gas prices rose by more than $1...
News Story
3/25/2015
Posted by Mark Reback
State legislators seek answers for California's much higher gasoline costs As Inland Southern California motorists forked out more than 80 cents per gallon more than the national average for gasoline Tuesday, state lawmakers questioned the recent wild swings in prices and urged regulators to do more to reduce market volatility. "How can...
News Release
3/24/2015
Posted by Jamie Court
Santa Monica, CA -- At a California State Senate hearing on February gasoline price spikes, Consumer Watchdog issued a report finding that California oil refiners have about half as much gasoline on hand than the rest of America, creating a volatile market that leads to gasoline price spikes. The report, “Price Spiked: How Oil Refiners Gouge...
News Story
3/24/2015
Posted by Mark Reback
SACRAMENTO, Calif. (AP) - State lawmakers on Tuesday questioned the recent wild swings in California's gas prices and asked whether regulators can do more to reduce market volatility while government promotes alternative fuels to increase competition. "How can such a well-functioning market be subject to such volatility?" asked Sen....