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Video
11/19/2015
Posted by Mark Reback
The three major refiners that provide detailed profit information reported their best ever year to date from oil refining in California. Each company at least tripled their average historical profits in the third quarter, according to Consumer Watchdog’s analysis released today. Read our full report here: http://www.consumerwatchdog.org/...
News Story
11/19/2015
Posted by Mark Reback
LOS ANGELES (CBSLA.com) – Californians seem to be paying higher gas prices than anywhere else in the country. According to AAA, the current national average is $2.12 per gallon. Here is a look at the gas prices from around the country: NATIONAL AVERAGE PRICES State Gallon Colorado $2.00 Florida $2.15 Illinois $2.08...
Video
11/19/2015
Posted by Mark Reback
Californians seem to be paying higher gas prices than anywhere else in the country. Paul Magers looks into the reasons why.
News Story
11/10/2015
Posted by Mark Reback
The days when oil companies could credibly deny they’re gouging California drivers just because they’ve dropped pump prices a bit appear now to be over. For every measuring stick except a comparison with the price of gasoline four months ago leads to the unmistakable conclusion that this state’s three biggest gasoline refiners...
News Release
10/30/2015
Posted by Liza Tucker
Santa Monica, CA -- Chevron today reported its highest U.S. refining profits for the first nine months of the year—a whopping $2.6 billion as compared to $1.7 billion for the same period last year. Since 54 percent of the company’s refining takes place in California, California drivers paid the price, Consumer Watchdog said today....
News Release
10/29/2015
Posted by Jamie Court
Santa Monica, CA – The two California refiners that break out California-specific profits today reported their most lucrative California quarters ever. Tesoro’s & Valero’s quarterly reports for July through September help explain why Californians have paid a dollar per gallon over the US average during 2015, Consumer Watchdog...
News Release
10/28/2015
Posted by Jamie Court
Santa Monica, CA – California’s 4th largest oil refiner reported today that it made its highest profits ever on oil refining in California this summer. Consumer Watchdog said the investor reports prove that the state’s excessive gasoline prices, which were a dollar more than the US average this summer, were pure profit for the...
News Story
10/16/2015
Posted by Mark Reback
An expert energy advisory panel may recommend that state regulators consider easing the air board's clean fuel standards under certain circumstances to help prevent gasoline price spikes, along with several other options including the establishment of a "strategic inventory" of California-compliant fuel. At the same time, smaller...
News Story
10/15/2015
Posted by Mark Reback
A watchdog group says a lack of competition in California has allowed gas companies to make an unprecedented mark-up at the pump If you live in California, and think you’re paying too much at the pump, you are likely not imagining it. Consumer Watchdog, a Washington, D.C.-based advocacy group, said in a press release Oct. 13 that they...
News Release
10/13/2015
Posted by Jamie Court
Sacramento, CA -- Consumer Watchdog testified Tuesday that the gap between the retail price paid at the California gas pump and the wholesale price of gas traded within the oil industry has never been greater – signaling gouging of the consumer. Consumer Watchdog presented evidence before the California Energy Commission's Petroleum...