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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

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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Blog Post

$4.00 Gas: It’s Not Just the Oil Price

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12. April 2011

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$4.00 Gas: It’s Not Just the Oil Price

Oil companies are making a fortune off of drivers with oil at $109 a barrel (which comes to $2.60 a gallon at 42 gallons per barrel). But they’re getting rich a second time refining the oil into gasoline.

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Refiners Licking Their Chops Over Japan

15. March 2011

Refiners Licking Their Chops Over Japan

With perhaps ten thousand lives lost and a nuclear reactor emergency growing daily in Japan, one industry is poised to reap huge profits from tragedy. The stocks of oil refiners charged upward today on bets that Japan would soon have to import a lot more heating oil and gasoline because of refinery fires and quake/tsunami […]

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Blog Post

Valero Uses Contract Workers for Easy Layoffs

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29. December 2010

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Valero Uses Contract Workers for Easy Layoffs

We’ve been watching the refining company Valero since it spent $5 million last year attempting to kill California’s landmark global warming law. Ads for the ballot measure pounded on the idea that killing pollution controls would protect jobs. So does Valero really believe in protecting jobs? Ask the nearly 1,000 contract workers summarily dismissed from Valero’s Aruba plant (pictured) 16 months ago.

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Blog Post

Valero ‘Eve of Destruction’ Was a Big Fake

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14. December 2010

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Valero ‘Eve of Destruction’ Was a Big Fake

Oil refiner Valero, as it pumped $5 million into a California ballot proposition aimed at killing climate change regulation, warned that such regulation would bring an economic Armageddon of lost jobs in refineries and elsewhere, as well as unaffordable energy prices. A Consumer Watchdog study, however, proved that Valero was only interested in staving off […]

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Press Release

Tesoro Banks On High Gas Prices In California, Touts “West Coast Premium”

CONTACT: , 310-392-0522 x315; or Doug Heller, x309

18. October 2010

Tesoro Banks On High Gas Prices In California, Touts “West Coast Premium”

Consumer Group Calls On Pension Funds to Divest From Prop 23 Backers Tesoro, Valero

Santa Monica, CA – Consumer advocates revealed an investor slide presentation by Texas-based oil company Tesoro explaining that oil refiners keep gasoline supplies especially tight on the West Coast to keep profits high through higher pump prices. The slides were included in a letter from Consumer Watchdog to California’s large public pension funds, known as CalPERS and CalSTRS, calling on the funds to divest from Tesoro and another refiner, Valero, which are the chief sponsors of Proposition 23 on the November ballot. The Investment Committee of CalPERS is meeting in Long Beach today.

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Press Release

Study: Texas-Based Valero Gouging California Drivers For A Decade

CONTACT: , 310-392-7051 or 213-280-0175; or Doug Heller, 310-392-0708

12. October 2010

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Study: Texas-Based Valero Gouging California Drivers For A Decade

Top Prop 23 Funder Doesn’t Want Greentech Competition To Get in Way of Profiteering

Santa Monica, CA – A new report by Consumer Watchdog’s OilWatchdog.org project finds that Valero Energy reaped over $4.5 billion in refining profit while gouging California motorists since it bought its second California refinery in 2002. The oil refining giant, which is also the largest funder of Proposition 23, averaged 37% higher margins on each barrel of oil it refined in California than at refineries it owns elsewhere in the country, according to data published in company financial reports.

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Study: Texas-Based Valero Gouging California Drivers For A Decade

12. October 2010

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Study: Texas-Based Valero Gouging California Drivers For A Decade

A new report by Oil Watchdog finds that Valero Energy reaped over $4.5 billion in refining profit while gouging California motorists since it bought its second California refinery in 2002. The oil refining giant, which is also the largest funder of Proposition 23, averaged 37% higher margins on each barrel of oil it refined in California than at refineries it owns elsewhere in the country, according to data published in company financial reports.

Read the full report and accompanying charts and data.

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Blog Post

Fiorina Joins the Koch-heads. Ka-Ching!

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23. September 2010

Fiorina Joins the Koch-heads. Ka-Ching!

There’s a name that’s becoming as ubiquitous in dirty oil politics as Coke cans are in greasy spoons. And it’s pronounced like the soft drink, but spelled Koch. Koch-heads now on the radar include Carly Fiorina, the Tea Party and Proposition 23.

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Blog Post

Big Oil’s ‘jobs’ echo chamber

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16. September 2010

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Big Oil’s ‘jobs’ echo chamber

It’s amazing how oil companies stay so completely on message. The American Petroleum Institute, the oil industry mouthpiece, is pushing the same deceptive “jobs, jobs, jobs” message as the Texas oil companies backing Proposition 23 on the California ballot. Both are saying that any shift toward greener energy that costs the oil industry a dime […]

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Oil industry gusher: lobbying expenses

16. September 2010

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Oil industry gusher: lobbying expenses

If the oil industry wasn’t able to spend 175 million dollars sweet talking, wining and dining Members of Congress, who can imagine the havoc society would face: increased oversight of offshore drilling operations, pollution limits, regulation of refinery supply. The horror, the horror.

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CEO Confession: Clean Air Wastes Profit

1. September 2010

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CEO Confession: Clean Air Wastes Profit

Right: Valero’s Amarillo refinery blast in February The chief funders of California’s anti-regulation Proposition 23 on the November ballot are a pair of Texas-based refiners, Valero and Tesoro. Each of them has two refineries in California and the last thing they want, from a profit standpoint, is regulation of greenhouse gases or any concerted attempt […]

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