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Price Gouging

Video
9/3/2015
Posted by Mark Reback
As Labor Day weekend approaches, Californians are paying 88 cents more than the national average due to oil refiners keeping our state's inventory low enough to gouge us at the pump, says Consumer Watchdog.
Video
9/3/2015
Posted by Mark Reback
Consumer Watchdog explains how oil companies are purposefully keeping refinery inventories very low to gouge Californians at the pump.
Video
8/25/2015
Posted by Mark Reback
Gas prices are down in the rest of the nation, but in California is seeing very little relief at the pump. Jamie Court explains why.
News Story
8/19/2015
Posted by Mark Reback
The math is so simple, anyone should be able to grasp it: Triple the gasoline prices + Triple oil refiner profits = Golden State Gouging. Instead, Dan Walters ignores facts and misuses gas pricing data to wrongly blame environmental standards for unprecedented pain at the pump that is the result of historic oil industry profiteering (“...
News Story
8/19/2015
Posted by Mark Reback
Oil companies that bankrolled a $9.7 million effort in 2014 to block laws against fracking in California now are focusing their sights on Tom Steyer, the billionaire hedge- fund founder turned climate-change activist. The top individual political donor in the United States last year, Steyer has put millions of his $2.7 billion personal fortune...
Video
8/10/2015
Posted by Mark Reback
Nationwide, average gas prices are falling at the fastest rate since January due to cheaper crude oil costs and the resolution of some refinery issues but in California, the gap between local prices and the rest of the country is bigger than ever. Jamie Court explains that it is due to price gouging by oil companies who are scoring record high...
News Story
8/10/2015
Posted by Mark Reback
California consumer groups cry foul but oil companies blame elements beyond their control Gas prices are tumbling, except where they're not. Nationwide, average prices are falling at the fastest rate since January due to cheaper crude oil costs and the resolution of some refinery issues but in California, the gap between local prices and the...
News Story
8/10/2015
Posted by Mark Reback
After soaring well above the rest of the nation, the average gasoline price in the Los Angeles region fell almost 25 cents below their highs of a month ago. The average price for a gallon of regular gasoline in the L.A. area Monday stood at $3.81, according to AAA. In mid-July, AAA’s survey found the average price for the region reached a...
News Story
8/6/2015
Posted by Mark Reback
LOS ANGELES, Aug. 6 (UPI) -- California gas prices are typically among the most expensive in the nation, but a consumer advocacy group on Wednesday called for legislation to put a stop to what it says is major league price-gouging -- to the tune of nearly $5 billion so far this year. At a news conference Wednesday, Consumer Watchdog outlined what...
News Story
8/6/2015
Posted by Mark Reback
Billionaire environmentalist Tom Steyer’s latest political fight is aimed at California’s high gasoline prices. Steyer, who is known nationally for spending millions upon millions of dollars to get climate-friendly candidates elected to national office, is blaming oil company profits for the high costs. He wants California’s...