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News Release
11/29/2016
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA – Advocates from Consumer Watchdog testified today at the California Energy Commission’s Petroleum Market Advisory Committee (PMAC) that California drivers are still paying 50 cents more than US drivers as oil refiners continue to reap double their historical profits.   The nonprofit public interest group called...
News Release
4/22/2016
CONTACT Jamie Court & Cody Rosenfield
Sacramento, CA -- Consumer Watchdog told a state panel looking into gasoline price manipulation today that a handful of big oil refiners have been able to charge California drivers 70 cents to $1 more per gallon than the rest of America because they have an information advantage over the rest of the market, the public and regulators. Consumer...
News Release
2/2/2016
CONTACT Cody Rosenfield & Jamie Court
Santa Monica, CA -- Tesoro, the state’s second largest refiner, reported today that 2015 was its best year ever for refining in California. Based on an analysis of the company’s annual filing, Consumer Watchdog has found that in 2015 the company made $1.9 billion in California alone- their best year ever by over a billion dollars. The...
News Release
12/16/2015
CONTACT Jamie Court & Cody Rosenfield
Sacramento, CA -- Consumer Watchdog today revealed to a state oversight panel new tactics by which California oil refiners had their most profitable years ever and state drivers paid more at the pump than ever before compared to US drivers. The nonprofit group said that California drivers will have paid $10 billion extra for their gasoline by year...
Video
11/19/2015
Californians seem to be paying higher gas prices than anywhere else in the country. Paul Magers looks into the reasons why.
News Release
11/19/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA – 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. The huge increases followed a record...
Video
11/19/2015
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 Release
10/29/2015
CONTACT Jamie Court, Liza Tucker & Cody Rosenfield
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
5/8/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA -- On a call with investors today, Gregory Goff, the CEO of Tesoro admitted refinery shutdowns and “disruptions” led to big profits on the oil company’s bottom line in the first quarter.  Tesoro’s profit per barrel in the first quarter jumped by 20 cents, amounting to California profits of $119 million...
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...