HomeUpdatesspeculation › All

All

News Release
3/3/2015
CONTACT Liza Tucker
Santa Monica, CA – Consumer Watchdog today reiterated calls for an increase in the state’s oil reserves as Los Angeles gas prices jumped $1.03 cents in the last month, the highest in the state, according to AAA’s Fuel Gauge Report website. Los Angeles prices at the pump for regular gas have reached $3.53 per gallon, a dollar and...
News Release
3/2/2015
CONTACT Liza Tucker & Jamie Court
Santa Monica, CA -- Consumer Watchdog said today that prices per regular gallon of gas in California were up an unprecedented 96 cents in the last month, nearly triple the 38-cent increase per gallon nationwide. “This is all pure profit for the oil companies,” said Consumer Advocate Liza Tucker. “The Senate has called hearings...
News Release
2/27/2015
CONTACT Liza Tucker
Santa, Monica CA—Gas prices have jumped up 80 cents a gallon in California since refinery shutdowns and slowdowns began on February 1, and 17 cents in Los Angeles overnight, making just announced California Senate hearings even more urgent, Consumer Watchdog said today. “There is just no good explanation for why consumers are paying...
News Release
2/26/2015
CONTACT Liza Tucker
Santa Monica, CA -- Consumer Watchdog said it looked forward to working with Senate lawmakers who today set hearings for March on possible refinery price manipulation, as the group had requested. “Gas prices have gone up 70 cents so far since refineries started shutting down and it is high time we had refinery executives on the hot seat to...
News Release
2/25/2015
CONTACT Cody Rosenfield & Liza Tucker
Santa Monica, CA—California refinery shutdowns and slowdowns are boosting refinery profit margins by as much as 72 percent, according to a key indicator called “crack spreads,” Consumer Watchdog said today. Crack spreads represent the price difference between what refineries pay per barrel of crude oil and what they charge for...
News Release
2/23/2015
CONTACT Liza Tucker & Cody Rosenfield
Santa Monica, CA – Consumer Watchdog said today that the retail price per gallon of gas in California has soared 53 cents between February 2, when Tesoro began shutting down its refinery in Martinez, through today. A regular gallon of California gasoline now costs an average of $2.96 a gallon. Consumer Watchdog has twice written state...
News Release
2/20/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA – Consumer Watchdog announced today that spot gas prices in Los Angeles have risen 25 cents since Tuesday when an explosion rocked Exxon’s Torrance refinery, according to the Energy Information Administration. Paired with Tesoro’s Martinez facility that is also shut down, 16.5% of California’s refinery...
Video
2/19/2015
Consumer Watchdog urges Governor Jerry Brown, Attorney General Kamala Harris, and leaders of the California legislature to send independent inspectors to Tesoro's Martinez refinery and Exxon's Torrance refinery to verify whether companies are restricting supply to drive up gasoline prices. The two refineries represent more than 16 percent...
Video
2/19/2015
Consumer Watchdog urges Governor Jerry Brown, Attorney General Kamala Harris, and leaders of the California legislature to send independent inspectors to Tesoro's Martinez refinery and Exxon's Torrance refinery to verify whether companies are restricting supply to drive up gasoline prices. The two refineries represent more than 16 percent...
Video
2/19/2015
Consumer Watchdog urges Governor Jerry Brown, Attorney General Kamala Harris, and leaders of the California legislature to send independent inspectors to Tesoro's Martinez refinery and Exxon's Torrance refinery to verify whether companies are restricting supply to drive up gasoline prices. The two refineries represent more than 16 percent...