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Video
8/5/2015
Posted by Mark Reback
NextGen Founder and businessman Tom Steyer joined Consumer Watchdog today to release a new report on California oil refiner price gouging. The new report used corporate and state data to analyze refiner profits in the state, which have grown exponentially since California's price spike began in February. If calls on elected officials do not...
News Story
8/5/2015
Posted by Mark Reback
SANTA MONICA, Calif. (AP) — Billionaire environmentalist Tom Steyer called on California legislators Wednesday to require oil companies to disclose how much they make in profits from refining oil in the state. Steyer was joined by the nonprofit Consumer Watchdog in condemning what they called historic profits for oil refiners at the expense...
News Story
8/5/2015
Posted by Mark Reback
A consumer advocacy group says Californians paid a $4.8-billion premium compared with prices in the rest of the nation during the first half of 2015 because of the state's gasoline price spike, and it proposed legislation to fix what it sees as problems in the market. At a news conference Wednesday, Consumer Watchdog, backed by billionaire...