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Video
8/5/2015
NextGen Climate Founder and businessman Tom Steyer joined Consumer Watchdog today to release a new report on California oil refiner price gouging. The new report used corporate and state data to analyze refiner profits in the state, which have grown exponentially since California's price spike began in February. If calls on elected officials...
News Release
8/5/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA — California has broken all records for the biggest gap between what consumers here have paid so far versus the rest of the nation for gas at the pump, Consumer Watchdog said today. Californians paid $1.2 billion more, after tax differentials, than the rest of the nation in the month of July, a record, and $4.8 billion more...
News Release
8/5/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA -- Analysis of Tesoro’s earnings released today showed that the company made more California refining profit in the second quarter than ever in the company’s history. Based on the number of barrels the company refined in California, and the profits they made from each barrel, Consumer Watchdog calculates that the...
Video
8/5/2015
NextGen Founder and businessman Tom Steyer joined Consumer Watchdog today to release a new report on California oil refiner price gouging. The new report used corporate and state data to analyze refiner profits in the state, which have grown exponentially since California's price spike began in February. If calls on elected officials do not...
News Release
7/30/2015
CONTACT Cody Rosenfield & Liza Tucker
Santa Monica, CA – Valero reported $294 million in second quarter California profits, more than ten times higher than the same quarter last year when the Texas refiner made $24 million. The most staggering increase came in per barrel profits. Last year the company made just 99 cents per barrel in California. This year that number reached $11...
Video
7/22/2015
Consumer Watchdog’s research has shown that low inventories and recent exports of California’s refined supply have sent California gasoline prices to a record gap with American gas prices. Refined supplies are being exported to South and Central America even as low refining capacity and inventories in the state are pushing pump prices...
Video
7/22/2015
Newly posted data from California oil refiners shows that record price spikes at the pump have translated to a record high return to the oil companies of $1.17 per gallon in May of 2015. The average amount that a refiner receives for a gallon of gasoline has been just 46 cents since 1999, according to the California Energy Commission (CEC), but...
Video
6/11/2015
A California consumer group has accused oil companies of driving up prices in the state by sending millions of gallons of gasoline offshore. Even though crude oil prices are at about $65 dollars a barrel, gas prices in California are close to $4 a gallon. Californians pay more than the rest of the country for gasoline. According to Consumer...
News Release
6/11/2015
CONTACT Jamie Court & Cody Rosenfield
Santa Monica, CA - Oil companies exported more gasoline from the West Coast to foreign nations in the month of December 2014 than ever in the nation’s history, according to Energy Information Administration data analyzed by Consumer Watchdog. The exports came just one month before California experienced a “supply crisis” that has...
Video
5/24/2015
Some are wondering why gas prices are up at a time when crude oil prices remain low. "The last time gas prices were over $4.00 in California, crude oil prices were over $100 a barrel. Today, crude oil prices are about $60 a barrel," said Jamie Court, president of the non-profit Consumer Watchdog.