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News Release
11/19/2015
Posted by Jamie Court
Santa Monica, CA – The three major refiners that provide detailed profit information reported their best ever year to date from oil refining in California. Each company at least tripled their average historical profits in the third quarter, according to Consumer Watchdog’s analysis released today. The huge increases followed a record...
News Story
11/19/2015
Posted by Mark Reback
LOS ANGELES (CBSLA.com) – Californians seem to be paying higher gas prices than anywhere else in the country. According to AAA, the current national average is $2.12 per gallon. Here is a look at the gas prices from around the country: NATIONAL AVERAGE PRICES State Gallon Colorado $2.00 Florida $2.15 Illinois $2.08...
Video
11/19/2015
Posted by Mark Reback
Californians seem to be paying higher gas prices than anywhere else in the country. Paul Magers looks into the reasons why.
News Release
10/30/2015
Posted by Liza Tucker
Santa Monica, CA -- Chevron today reported its highest U.S. refining profits for the first nine months of the year—a whopping $2.6 billion as compared to $1.7 billion for the same period last year. Since 54 percent of the company’s refining takes place in California, California drivers paid the price, Consumer Watchdog said today....
News Release
10/29/2015
Posted by Jamie Court
Santa Monica, CA – The two California refiners that break out California-specific profits today reported their most lucrative California quarters ever. Tesoro’s & Valero’s quarterly reports for July through September help explain why Californians have paid a dollar per gallon over the US average during 2015, Consumer Watchdog...
News Release
10/28/2015
Posted by Jamie Court
Santa Monica, CA – California’s 4th largest oil refiner reported today that it made its highest profits ever on oil refining in California this summer. Consumer Watchdog said the investor reports prove that the state’s excessive gasoline prices, which were a dollar more than the US average this summer, were pure profit for the...
News Story
10/16/2015
Posted by Mark Reback
An expert energy advisory panel may recommend that state regulators consider easing the air board's clean fuel standards under certain circumstances to help prevent gasoline price spikes, along with several other options including the establishment of a "strategic inventory" of California-compliant fuel. At the same time, smaller...
News Release
10/13/2015
Posted by Jamie Court
Sacramento, CA -- Consumer Watchdog testified Tuesday that the gap between the retail price paid at the California gas pump and the wholesale price of gas traded within the oil industry has never been greater – signaling gouging of the consumer. Consumer Watchdog presented evidence before the California Energy Commission's Petroleum...
News Story
10/13/2015
Posted by Mark Reback
A consumer advocacy group testified Tuesday that California oil refiners are gouging motorists by hiking retail gasoline prices well above the wholesale price of gas traded within the oil industry. In testimony before the California Energy Commission’s Petroleum Market Advisory Committee, Consumer Watchdog President Jamie Court said the gap...
Video
10/13/2015
Posted by Mark Reback
Consumer Watchdog says California oil refiners are gouging motorists by hiking retail gasoline prices well above the wholesale price of gas traded within the oil industry.