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Price Manipulation

News Story
2/25/2016
Posted by Mark Reback
Gas prices are about to soar dramatically, possibly increasing by 30 cents a gallon by the weekend, consumer advocates and an industry expert said Thursday. The increases are tied to the forthcoming switch to summer-blend gasoline, which is designed to reduce pollution in warmer weather and costs more to produce. Wholesale prices jumped 51 or...
News Story
2/25/2016
Posted by Mark Reback
Despite recent slides in gasoline prices, Southern California drivers could be facing sticker shock at the pumps beginning this weekend after the state’s biggest oil refiners raised wholesale prices charged to gas station owners by 37 cents, warns nonprofit group Consumer Watchdog The price hike accompanies the transition to summer blends...
News Story
2/25/2016
Posted by Mark Reback
Gas prices are inching higher in the Bay Area, but just be thankful you don’t have to fill-up in Southern California where prices could jump 37 cents a gallon this weekend. The Consumer Watchdog group said Thursday that the switch to the state’s more expensive summer blend of fuel triggered the increase. But the impact will not be as...
Video
2/25/2016
Posted by Mark Reback
Consumer Watchdog research shows California drivers pay the most on average in the U.S., and the summer blend, which should only cost pennies more, will add around 37 cents per gallon for SoCal gas consumers.
News Story
2/25/2016
Posted by Mark Reback
According to the warning by a consumer advocate group, a return to the $3-range is imminent. Gas prices are about to soar dramatically, possibly increasing by 30 cents a gallon by the weekend, consumer advocates and an industry expert said Thursday. The increases are tied to the forthcoming switch to summer-blend gasoline, which is designed to...
Video
2/25/2016
Posted by Mark Reback
Consumer Watchdog says SoCal consumers should fill up now while they can before an expected 37 cent increase overnight in gas prices due to oil company greed during the switch to summer blend.
News Story
2/25/2016
Posted by Mark Reback
SAN DIEGO - If you were enjoying the recent low gas prices across California, brace yourself because you will start paying more again. The nonprofit group Consumer Watchdog warned Souther California drivers on Thursday that they would be facing sticker shock at the gas pumps beginning this weekend. The group said the state's biggest oil...
News Story
2/25/2016
Posted by Mark Reback
The hike starts this weekend in Southern California, but the effects will spread to Northern California soon.   Caroline Martin typically spent 75 bucks to fill up her SUV.  "That's a big fortune especially if you're on a budget," said Martin.   Consumer Watchdog said we're in for a big change.   "We...
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
2/11/2016
Posted by Mark Reback
California drivers are finally cheering instead of hissing the price of gas, as dozens of Northern California stations are selling fuel for under $2 a gallon -- the first time prices have dropped this low in eight years. "It's about time," Ivan Rodriguez, of San Jose, said, smiling, as he lined up at the Gas & Shop at 1590...