More than six in ten California voters support a proposal to impose a windfall profits cap and price gouging rebate on oil refiners for the abnormally higher gas prices and profits in the state, according to a poll conducted for Consumer Watchdog by FM3 Research, Fairbank, Maslin, Maullin, Metz & Associates.
Sacramento, CA -- California’s four big oil refiners more than doubled their average profit of the last 20 years from California during the recent gasoline price spikes, according to testimony delivered by Consumer Watchdog to the California Energy Commission today.
Los Angeles, CA—As a ban on permit approvals for oil drilling near vulnerable communities looms on January 1, oil drillers seeking to overturn the ban have received 86 permits for drilling closer to communities than the ban allows ahead of the deadline, according to a review by the FracTracker Alliance and Consumer Watchdog.
Los Angeles, CA--With California’s five big oil refiner third quarter profits reports complete, a Consumer Watchdog review shows that four of the five together posted 30% higher profits per gallon from gasoline sold on the West Coast than anywhere else in the nation or world.
