California Consumers Doomed to High Gas Prices as Feds & State Bless Tesoro Purchase of BP Refinery & ARCO Stations
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...
As Gas Prices Spike to Record High, Consumer Watchdog Urges California Attorney General to Block Tesoro Purchase of BP Refinery and Arco Gas Stations
CONTACT Liza Tucker, 310-392-7931
Santa Monica, CA—The average price for regular gas in California now stands at $4.67 a gallon, a record for both California and the nation. The spike is a function of low gasoline inventories and recent supply disruptions. California’s refinery market is already too small—14 refineries power the world’s eighth largest...