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News Story
2/26/2016
Posted by Mark Reback
Gas prices are expected to jump on Friday in southern California, but the rest of the country's increase should be more seasonal and incremental. Southern California's gas prices are expected to jump as much as 37 cents per gallon on Friday, but it should not be a bellwether for the nation. The prediction comes from Consumer Watchdog, a...
News Story
2/26/2016
Posted by Mark Reback
SAN FRANCISCO (KGO) -- California gas prices have dropped 31 cents in the past month. Over the weekend, they could go up by that much. Californians have been getting a break at the pump. "Lowest I've seen in years. I hope it don't go back up," said Al Wong, a driver. It's become a tradition, as oil refinery switch from the...
News Story
2/22/2016
Posted by Mark Reback
As corporate profit reports rolled in this winter from the gasoline refining industry, the case for gas price gouging grew steadily stronger. Start with the profits of the largest refiners operating in California. Then proceed to strange activities by an oil tanker, Exxon Mobil’s SR American Progress. Close with hard figures provided by the...
News Story
2/10/2016
Posted by Mark Reback
A consumer advocate says California paid $10 billion dollars more for gas than the rest of the country partly because of the movements of a “mystery tanker.” Consumer Watchdog’s Jamie Court says his organization tracked the Exxon oil tanker “American Progress” along with other ships and made didn’t like what...
News Story
2/9/2016
Posted by Mark Reback
Collusion among California oil refiners “artificially inflated” pump prices in a move that enabled oil companies to make a “killing” in the wake of an explosion last winter at ExxonMobil’s Torrance refinery, nonprofit group Consumer Watchdog alleged Tuesday. Jamie Court, president of the Santa Monica-based group,...
News Story
2/9/2016
Posted by Mark Reback
Keeping supply low and driving up prices California drivers pay more to fill their gas tank than drivers across the country, but Consumer Watchdog says that's because big oil companies manipulate the fuel supply. The consumer group released a study this week saying drivers spent 2015 paying much more for gasoline than other driver because of...
Video
2/9/2016
Posted by Mark Reback
Jamie Court of Consumer Watchdog explains how oil companies purposefully kept gas supplies low in California to drive prices, and their profits, up artificially.
News Release
2/8/2016
Posted by Jamie Court
Santa Monica, CA -- Consumer Watchdog delivered a report today to a state panel finding that California’s largest oil refiners calibrated imports and exports of gasoline to artificially inflate gasoline prices during the first nine months of 2015, when gas prices were consistently $1 per gallon higher than the nationwide average. The report...
News Release
2/2/2016
Posted by Cody Rosenfield
Santa Monica, CA -- Tesoro, the state’s second largest refiner, reported today that 2015 was its best year ever for refining in California. Based on an analysis of the company’s annual filing, Consumer Watchdog has found that in 2015 the company made $1.9 billion in California alone- their best year ever by over a billion dollars. The...
News Release
1/29/2016
Posted by Jamie Court
Santa Monica, CA -- Chevron's US refining profits soared to their highest ever in 2015, thanks to California drivers who paid inflated prices for gasoline, Consumer Watchdog said today. More than half of Chevron's US refining takes place in California. US refining profits made up $3.1 billion of Chevron's annual profit of $4.6 billion...