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Press Release

Consumer Watchdog Testifies That Refiners Continue to Get Rich on Inflated Gasoline Prices By Cutting Production To Reduce Supply

CONTACT: , jamie@consumerwatchdog.org

29. November 2016

Consumer Watchdog Testifies That Refiners Continue to Get Rich on Inflated Gasoline Prices By Cutting Production To Reduce Supply

Santa Monica, CA – Advocates from Consumer Watchdog testified today at the California Energy Commission’s Petroleum Market Advisory Committee (PMAC) that California drivers are still paying 50 cents more than US drivers as oil refiners continue to reap double their historical profits.

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Press Release

Consumer Watchdog Calls For Sunlight On Big Oil Refiners To Avert CA Gasoline Price Spikes; State Energy Commission Panel To Make Recommendations On Transparency For Refiners

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22. April 2016

Consumer Watchdog Calls For Sunlight On Big Oil Refiners To Avert CA Gasoline Price Spikes; State Energy Commission Panel To Make Recommendations On Transparency For Refiners

Sacramento, CA — Consumer Watchdog told a state panel looking into gasoline price manipulation today that a handful of big oil refiners have been able to charge California drivers 70 cents to $1 more per gallon than the rest of America because they have an information advantage over the rest of the market, the public and regulators.

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Press Release

Consumer Watchdog Report Finds Oil Refiners Rigged Imports and Exports To Inflate CA Gas Prices In 2015

CONTACT: , 310-392-0522 x327

8. February 2016

Consumer Watchdog Report Finds Oil Refiners Rigged Imports and Exports To Inflate CA Gas Prices In 2015

Exxon Parked Tanker In Singapore, Chevron Exported To Drive Price Spike

Santa Monica, CA — Consumer Watchdog delivered a report today to a state panel finding that California’s largest oil refiners calibrated imports and exports of gasoline to artificially inflate gasoline prices during the first nine months of 2015, when gas prices were consistently $1 per gallon higher than the nationwide average.

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Press Release

Gouged California Drivers Bankroll Chevron’s Best US Refining Year Ever

CONTACT: , 310-392-0522 x327

29. January 2016

Gouged California Drivers Bankroll Chevron’s Best US Refining Year Ever

Santa Monica, CA — Chevron’s US refining profits soared to their highest ever in 2015, thanks to California drivers who paid inflated prices for gasoline, Consumer Watchdog said today.

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Press Release

Californians Overpay $10 Billion For Gasoline In 2015; Consumer Watchdog Shows Oil Refiners Rig Market With Secret Trades & Anti-Competitive Acts

CONTACT: , 310-392-0522 x327

16. December 2015

Californians Overpay $10 Billion For Gasoline In 2015; Consumer Watchdog Shows Oil Refiners Rig Market With Secret Trades & Anti-Competitive Acts

Sacramento, CA — Consumer Watchdog today revealed to a state oversight panel new tactics by which California oil refiners had their most profitable years ever and state drivers paid more at the pump than ever before compared to US drivers.

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Press Release

Refiners Chevron, Tesoro, and Valero Each Triple California Profits In First Nine Months To Highest Ever; Spike Mirrors Record Lobbying Spending

CONTACT: , 310-392-0522 x327

19. November 2015

Refiners Chevron, Tesoro, and Valero Each Triple California Profits In First Nine Months To Highest Ever; Spike Mirrors Record Lobbying Spending

Santa Monica, CA – The three major refiners that provide detailed profit information reported their best ever year to date from oil refining in California. Each company at least tripled their average historical profits in the third quarter, according to Consumer Watchdog’s analysis released today.

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Press Release

California Consumers Drive Chevron To Record Refining Profits In First Nine Months

CONTACT: , 310-392-0522 x308

30. October 2015

California Consumers Drive Chevron To Record Refining Profits In First Nine Months

Santa Monica, CA — Chevron today reported its highest U.S. refining profits for the first nine months of the year—a whopping $2.6 billion as compared to $1.7 billion for the same period last year. Since 54 percent of the company’s refining takes place in California, California drivers paid the price, Consumer Watchdog said today.

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Press Release

Consumer Watchdog Reports Gas Price Spike Costs Californians Record $1.2 Billion More In July; Oil Refiners Take Home $1.61 Per Gallon

CONTACT: , 310-392-0522 x327

5. August 2015

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, than the rest of the nation in the month of July, a record, and $4.8 billion more for their gasoline over the last six months ending July 31st, since gas price spikes started. That amounts to $201 extra dollars paid by each California driver.

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Press Release

Tesoro CEO Admits Refinery “Disruption” and Shutdowns = Big Profits, Echoing Chevron Statements About Pump Spike

CONTACT: , 310-392-0522 x327

8. May 2015

Tesoro CEO Admits Refinery “Disruption” and Shutdowns = Big Profits, Echoing Chevron Statements About Pump Spike

Santa Monica, CA — On a call with investors today, Gregory Goff, the CEO of Tesoro admitted refinery shutdowns and “disruptions” led to big profits on the oil company’s bottom line in the first quarter. Tesoro’s profit per barrel in the first quarter jumped by 20 cents, amounting to California profits of $119 million in the first quarter for the company.

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Press Release

Two Refineries Down, Gas Prices Up: Consumer Watchdog Calls For On-Site Inspections To Investigate Price Manipulation

CONTACT: , 626-372-1964

18. February 2015

Two Refineries Down, Gas Prices Up: Consumer Watchdog Calls For On-Site Inspections To Investigate Price Manipulation

Santa Monica, CA—Responding to a shutdown of two refineries that produce 16 percent of the state’s gasoline, Consumer Watchdog called on state officials to send independent inspectors to verify refinery claims that the shutdowns were really necessary.

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Blog Post

Lessons (Not) Learned From the Chevron Fire

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10. April 2013

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Lessons (Not) Learned From the Chevron Fire

On Friday, federal accident investigators told California legislators that the state’s patchwork of oil industry regulations needs a serious overhaul. The Chevron fire that produced a toxic cloud and sent 15,000 people to the hospital could have been prevented, but the system was reactive and not designed to foresee and forestall problems, said the U.S. […]

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Press Release

Chevron Counts on Jigsaw Puzzle of Safety Regulation to Escape Oversight, Accountability, Says Consumer Watchdog

CONTACT: , 310-392-7051, or Liza Tucker, 310-392-7931

7. August 2012

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Chevron Counts on Jigsaw Puzzle of Safety Regulation to Escape Oversight, Accountability, Says Consumer Watchdog

Santa Monica, CA — Monday night’s explosion and hours-long fire at Chevron’s large oil refinery in Richmond, Ca., released toxic chemicals including sulfur dioxide and nitrogen oxide in unknown amounts, sending hundreds of local residents to local hospitals with breathing and eye complaints. Yet the state agency with the most expertise in regulating such toxins, the Department of Toxic Substances Control, claims it has little to no oversight of dangerous substances produced in refinery accidents, said Consumer Watchdog.

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Blog Post

Senator, Energy Investigators Slam Refinery Price Manipulation

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7. June 2012

Senator, Energy Investigators Slam Refinery Price Manipulation

The energy investigators who nailed Enron for energy price manipulation that nearly bankrupted California just took aim at oil refining giants including Chevron and BP. May the refiners’ gasoline-price schemes now come crashing down in an Enron-style heap. We’ve known for years that California and West Coast refiners find endless ways to shut down some […]

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