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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....
Video
3/24/2015
Posted by Mark Reback
Consumer Watchdog's new report, “Price Spiked: How Oil Refiners Gouge Californians On Their Gasoline and What It Costs,” showed that Californians paid $550 million extra for their gasoline in February compared to drivers nationwide by calculating the difference between US and state prices and allotting for consumption.
Video
3/24/2015
Posted by Mark Reback
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.
News Story
3/24/2015
Posted by Mark Reback
Group tells Senate committee this latest price increase was orchestrated by refineries SACRAMENTO, Calif. - A consumer watchdog report says California oil refineries have about half as much gasoline on hand compared to the rest of the country. Tuesday a consumer advocate told a Senate committee the situation has lead to a spike in gasoline prices...
News Story
3/24/2015
Posted by Mark Reback
SACRAMENTO -- Gasoline prices in California, which typically run about 30 cents higher than the national average, have spiked to nearly a dollar higher over the past month in one of the sharpest run-ups in U.S. history. From Feb. 1 to March 2, the average price for a gallon of regular gas in the state jumped from $2.43 to $3.40, and the climb...
News Story
3/14/2015
Posted by Mark Reback
Above a chilled tray of pork chorizo, Seth Birenbaum set another cast iron weight on a grocery scale and scrutinized its digital control panel. The weights equaled precisely 15 pounds but the panel showed nearly an ounce less. “That’s out of tolerance,” Birenbaum said, walking to the nearest store clerk. “This one, it...