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News Release
2/19/2015
CONTACT Liza Tucker
Santa Monica, CA -- Consumer Watchdog said today that the spot price of gas leapt a dime overnight, as the group had predicted in the wake of two refinery shutdowns affecting 16 percent of the state’s refining capacity. “We really need proper oversight of refineries in terms of ruling out price manipulation via shutdowns,” said...
Video
2/19/2015
Consumer Watchdog’s Jamie Court urges Gov. Jerry Brown, Attorney General Kamala Harris, and leaders of the California legislature to inspect Tesoro's Martinez refinery and Exxon's Torrance refinery to determine whether companies are artificially restricting supply to drive up gas prices, which make up more than 16 percent of...
Blog Post
2/18/2015
By Liza Tucker
Today’s explosion at the Torrance refinery couldn’t come at a better time—for refiners interested in driving up the price of gas. That’s why we are calling for the California Attorney General, Governor, and lawmakers to step in. We want the Attorney General to send in some boots on the ground to rule out any price...
News Release
2/18/2015
CONTACT Liza Tucker
Santa Monica, CA—Responding to a shutdown of two refineries that produce 16 percent of the state’s gasoline, Consumer Watchdog called on state officials to send independent inspectors to verify refinery claims that the shutdowns were really necessary. “We write now to request that independent inspectors be sent immediately to...
News Release
5/17/2013
CONTACT Liza Tucker
SANTA MONICA, CA –A green light that Tesoro’s purchase of BP’s big refinery in Carson complies with anti-trust laws means over time gas prices will go up in the state, Consumer Watchdog said today.  The approval by the Federal Trade Commission and California Attorney General of Tesoro’s acquisition of BP’s Carson...
Blog Post
5/15/2012
By Judy Dugan
The rest of the country is happily watching gasoline prices sink as the latest bubble in oil crude prices springs a leak. Except California. Nationally, gasoline prices are down more than 15 cents a gallon over the last month, according to the daily AAA fuel gauge. California drivers are still cringing, with prices up more than 15 cents a...
Blog Post
3/29/2012
By Judy Dugan
This California license plate, “Gas Pain,” might be the sly joke of a gastroenterologist, but it’s not on a Mercedes. So let’s stipulate that it means pain at the pump, with a gallon of regular gas stuck for months at around $4.40. This kind of price is as usual fueled by investor speculation and an oil industry that cuts...
Blog Post
10/14/2011
By Judy Dugan
OilWatchdog and other critics of commodity speculation have long said that rampant speculation in oil futures markets  has hurt families, cost jobs and kept the U.S. economy teetering on the edge of recession. Energy analyst Mark Cooper of the Consumer Federation of America, in a nailed-down new study, finds that speculators are adding...
Blog Post
9/20/2011
By Judy Dugan
Here’s a petition from our ally Public Citizen, calling on federal regulators to quit stalling and rein in the financial speculators who are jacking up gasoline prices. It’s well worth the few seconds to click on the link and sign the petition. Fight back against Goldman Sachs and the other big banks whose speculation costs you at...
Blog Post
5/3/2011
By Judy Dugan
U.S. gas prices have hit their highest level ever for springtime, at $3.96 a gallon for regular on average. Yep, higher even than the record surge in 2008, as oil companies reap near-record profits. So what does that have to do with the price of silver? The speculative price of silver is dropping, maybe crashing, from its high around $50 an...