The Observer: Proposed Law Requiring Oil Refiners To Disclose Profits Is Only First Step

Opinion Column by Jim Shields, THE WILLITS NEWS

July 2, 2022

https://www.willitsnews.com/2022/07/02/the-observer-proposed-law-requir…

As I reported to you last month, there’s a proposed law that would require oil refiners to disclose their per gallon profits on a monthly basis. The bill recently already passed out of the California Senate by a vote of 22-4.

Legislation Requiring Oil Refiners To Disclose Profits Per Gallon Monthly Clears CA Assembly Natural Resources Committee

Los Angeles, CA - A bill requiring oil refiners to disclose their per gallon profits monthly passed out of the California Assembly Natural Resources Committee by a vote of 8 - 3. The legislation has already passed out of the California Senate by a vote of 22 - 4.

58 California Legislators Have Taken Over $10,000 In 'Dirty Donations'

By Dan Bacher, INDYBAY

June 12, 2022

https://www.indybay.org/newsitems/2022/06/12/18850413.php

A May 2022 update to its Tracking the Dirty Dollars Project by Sierra Club California provides some clarity why California’s environmental policies don't live up to the “green” words of the state’s politicians. This update reveals that only 15 legislators have not received campaign contributions from polluters and their allies since January 1, 2021.

KTTV FOX TV-11 Los Angeles, CA: Overpriced LA Chevron Gas Station Lowers Prices After FOX 11 Coverage

Bill Requiring Refiners To Disclose Monthly Profits Passes Out OF California Senate

By Ian Taylor, BUNKERSPOT

May 25, 2022

https://www.bunkerspot.com/americas/56310-americas-bill-requiring-refin…

SB 1322 (Allen) – a bill that would require oil refiners to disclose their profits on a monthly basis – has passed out of the California Senate by a vote of 22 to 4 and will now be heard in the California Assembly.

'Oil Refiners Exploited The Crisis': Report Shows Oil Refiners Are Gouging California Drivers

By Alexi Chidbachian, KTTV FOX TV-11 Los Angeles, CA

May 11, 2022

https://www.foxla.com/news/oil-refiners-exploited-the-crisis-report-sho…

LOS ANGELES - A recent investor profits report shows that California oil refiners are gouging Californians as they earn more than double the number of other refiners.

Legislation Requiring CA Oil Refiners To Disclose Their Profits Per Gallon Moves Forward

Los Angeles, CA -- With gas prices sky-high, legislation requiring California oil refiners to disclose once a month the price they pay for crude oil and the profit margins they make on the gasoline they refine and sell moved out of the California Senate Energy Committee last night on a vote of 8 to 0.

US Gas Prices Are Over $4 A Gallon. These Oil CEOs Took Home Over $20 Million

Oil and gas CEOs received nearly $45m more in combined total compensation in 2021 compared to 2020 amid a spike in prices

By Iffah Kitchlew, THE GUARDIAN UK

April 25, 2022

https://www.theguardian.com/environment/2022/apr/25/us-gas-prices-oil-c…

While gas prices soar for consumers, one group of people isn’t faring so badly.

Newsom Proposes Gas Rebate As Prices Exceed $5/Gallon. Why So High?

By Amy Ta, produced by Brian Hardzinsk, KCRW 89.9FM - Press Play

March 9, 2022

https://www.kcrw.com/news/shows/press-play-with-madeleine-brand/oil-ukr…

A gallon of gas in California today averages $5.57, according to AAA, and that’s the highest in the nation. Governor Gavin Newsom on Tuesday proposed a rebate aiming to ease fuel costs, though details are scant. 

Consumer Watchdog Applauds Newsom Call for AG Action on CA Gas Price Gouging

Los Angeles, CA -- Consumer Watchdog said today that a new state report finding that major oil companies are overcharging their own stations in order to gouge California consumers vindicates the analysis that it has made since 2015 and requires new state laws to protect drivers.  

The nonprofit nonpartisan consumer group applauded Governor Newsom’s call for an investigation and possible prosecution by the California Attorney General into the problem.

Consumer Watchdog Addresses High Gas Prices In SoCal

Gas Prices in California Have Risen For 13 Days In A Row

Consumer Watchdog Applauds Governor Newsom’s Energy Commission Report Taking on Gas Price Manipulation

Los Angeles, CA -- Consumer Watchdog said today that the California Energy Commission under Governor Gavin Newsom is finally taking steps to confront artificially high gasoline prices in California by acknowledging the role of oil refiners' supply and retail price manipulation in sky-high pump prices.