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ALERT: CA Refinery Profits Fatten On 60-Cent Gas Price Spike Since Shutdowns and Slowdowns

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25. February 2015

ALERT: CA Refinery Profits Fatten On 60-Cent Gas Price Spike Since Shutdowns and Slowdowns

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.

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Press Release

ALERT: California Gas Prices Up More Than 50 Cents Since Tesoro Martinez Refinery Shutdown, Consumer Watchdog Calls For Legislative Hearings into Price Manipulation

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23. February 2015

ALERT: California Gas Prices Up More Than 50 Cents Since Tesoro Martinez Refinery Shutdown, Consumer Watchdog Calls For Legislative Hearings into Price Manipulation

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.

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Press Release

ALERT: Los Angeles Gas Spot Price Rises A Quarter Since Tuesday’s Refinery Fire, Consumer Watchdog Continues Call For Investigation Into Price Manipulation

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20. February 2015

ALERT: Los Angeles Gas Spot Price Rises A Quarter Since Tuesday’s Refinery Fire, Consumer Watchdog Continues Call For Investigation Into Price Manipulation

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 capacity is affected.

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Press Release

Price Of Gas Up A Dime, State Investigators Still Mum On Consumer Watchdog Request To Rule Out Refinery Price Manipulation

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19. February 2015

Price Of Gas Up A Dime, State Investigators Still Mum On Consumer Watchdog Request To Rule Out Refinery Price Manipulation

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.

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Blog Post

Something Stinks and It’s Refineries

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18. February 2015

Something Stinks and It’s Refineries

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 manipulation by Tesoro when it shut down its Martinez refinery. We also want to know what first caused Exxon to tell one observer that its Torrance refinery would be offline for two weeks due to a mechanical problem, and then what caused an explosion at the refinery today.

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Press Release

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

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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

“Gas Pain” At Pump and Smokestack

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29. March 2012

“Gas Pain” At Pump and Smokestack

This California license plate, “Gas Pain,” might be the sly joke of a gastroenterologist, but it’s not on a Mercedes. So let’s stipulate that it means pain at the pump, with a gallon of regular gas stuck for months at around $4.40. This kind of price is as usual fueled by investor speculation and an […]

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Blog Post

Ohio’s Earthquake: Top 10 New Ways to Use Toxic Gas-Drilling Waste

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3. January 2012

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Ohio’s Earthquake: Top 10 New Ways to Use Toxic Gas-Drilling Waste

Ohio has shut down the natural gas drilling wastewater disposal well that triggers earthquakes. Politicians are finally reacting to drinking water contamination, too. We need new disposal methods for the salty, toxic waste and ways to hold oil companies accountable. Here are 10 great ways to do both!

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Blog Post

2012: Few Jobs, But Gobs of Profit for Oil

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3. January 2012

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2012: Few Jobs, But Gobs of Profit for Oil

The reviled “jobless recovery” of the U.S. economy won’t improve much in 2012, say the usual forecasters. But oil company executives and market speculators can break out the champagne now as the price of crude oil starts the year with a huge jump. It’s not about Iranian threats or rising demand, it’s about speculative profits.

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Blog Post

Fracking and Yakking

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5. October 2011

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Fracking and Yakking

Exxon Mobil, which is making big bets worldwide on hydraulic fracturing for deeply buried natural gas, is also making big bets on its sincere, earnest advertising about clean, safe natural gas. The ads turn me into a crazy person, yelling at the television during halftimes and seventh-inning stretches. Their claim that they ensure compliance with all “applicable […]

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Blog Post

Natural Gas Drillers: ‘We Don’t Need Your Stinking Air Rules’

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3. August 2011

Natural Gas Drillers: ‘We Don’t Need Your Stinking Air Rules’

Whenever regulators try to clean up our air or water, industry issues its standard “job killer” press release. Let your children keep their asthma and we won’t shut down our (oil, gas, coal) (refinery, drilling facility, surface mine), is the general theme. No surprise, then, that a coalition of deep-well natural gas drillers responded sternly […]

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Blog Post

If Exxon Can’t Deal With the Montana Spill…

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12. July 2011

If Exxon Can’t Deal With the Montana Spill…

Exxon is still fumbling to deal with a 42,000-gallon oil pipeline spill on the Yellowstone River west of Billings, Montana. Its initial response was pathetic–it was slow to turn off the gushing pipeline, had no plan for dealing with a spill in high water (i.e. every spring) and, most alarmingly, “misspoke” about how deeply the […]

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Energy Drillers: Water Pollution Info Is Our Secret

18. May 2011

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Energy Drillers: Water Pollution Info Is Our Secret

The surge in energy company drilling for deep-rock natural gas has generated a matching surge in complaints of water contamination, including faucets pouring out so much methane gas that you can light it (video) with a match. The drillers, which include Exxon and other major energy operators, long denied the contamination had anything to do […]

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