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Price Gouging

Video
7/13/2015
Posted by Mark Reback
Consumer Watchdog says oil companies are manipulating the gas market in California by keeping inventories low, driving prices artificially high. Crude oil prices are so low and the rest of America is enjoying that. However, Californians are getting gouged because the oil refiners have chosen to keep us running on local inventories and they're...
News Release
6/11/2015
Posted by Jamie Court
Santa Monica, CA - Oil companies exported more gasoline from the West Coast to foreign nations in the month of December 2014 than ever in the nation’s history, according to Energy Information Administration data analyzed by Consumer Watchdog. The exports came just one month before California experienced a “supply crisis” that has...
News Story
6/11/2015
Posted by Mark Reback
LOS ANGELES (CBSLA.com) — Oil companies exported “unprecedented” amounts of gasoline from the West Coast to foreign nations just prior to a huge spike in the price of gasoline in California, a consumer advocacy group said Thursday. Citing information from federal sources, Jamie Court with Consumer Watchdog told reporters the...
News Story
6/10/2015
Posted by Mark Reback
In December, one month before pump prices started soaring across California, a record amount of gasoline left West Coast refineries, to be sold elsewhere. Exports of finished gasoline from the West Coast hit an abrupt, all-time high of 2.7 million barrels in December, according to federal government data. The export surge came as California...