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Labor Day CA Gouging Gap At Pump Rises To $5.3 Billion Since February: Oil Refiners Exporting Amid Gasoline Supply Shortage
Santa Monica, CA – A new analysis by Consumer Watchdog shows Californians have paid $5.3 billion extra for their gasoline due to the higher amount Californians are charged than the rest of the nation since February. As Labor Day weekend approaches, Californians...
Covered California Chief Peter Lee has claimed that the state doesn’t need health insurance premium regulation because Covered California is a tough negotiator with the health plans. A study out yesterday casts doubt on that proposition as researchers...
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...
Consumer Watchdog Reports Gas Price Spike Costs Californians Record $1.2 Billion More In July; Oil Refiners Take Home $1.61 Per Gallon
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,...
CA Data Shows Record Gas Price Spikes = Record Return For California Refiners; Oil Refiners Double Their Margins From Recent Pain at The Pump For Consumers
Santa Monica, CA -- 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...
Oil Refiner Profiteering Behind Huge Gasoline Price Run-up; Watchdog Questions Exports of Fuel To South and Central America
Santa Monica, CA – Consumer Watchdog today said the recent sixty cents increase at Southern California gasoline pumps is the result of profiteering by California oil refiners and low inventories maintained by the companies to drive up prices in the state...
Californians Overcharged $4.5 Billion For Gasoline “Gouging Gap” Since Price Spike Began; Gas Prices Set To Climb Even More
Santa Monica, CA— Californian drivers, who have paid an average of 74 cents more per gallon at the pump than drivers nationwide, have shelled out $4.5 billion more for their gasoline than US drivers from February to June, Consumer Watchdog said today. The...
Consumer Watchdog Presents Evidence To Attorney General & State Of Oil Refiners’ Unprecedented Market Manipulation To Artificially Raise Gas Prices
Berkeley, CA --- At a meeting of the state commission charged with investigating gas price manipulation, Consumer Watchdog delivered an analysis showing that since the end of May California’s largest oil refiners have engaged in unprecedented price manipulation...
West Coast Oil Companies Exported Record Amount of Gasoline to Foreign Nations A Month Before “Supply Shortage” Price Spike That Cost Californians $3.6 Billion
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...
Southern California Gas Price Difference With U.S. Greatest In 15 Years; 3 Month Bill To Californians Hits $2.4 Billion as CA Oil Refining Profits Soar
Santa Monica, CA — Gasoline price spikes cost Californians an extra $2.4 billion for their gasoline between February and April based on the average pump price paid by the average American. Southern Californians are currently paying $4.00 per gallon for...