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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...
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...