Tag Archive | "gas prices"

Senate Lawmakers to Hold Hearings on Possible Refinery Manipulation of Gas Prices Via Shutdowns and Slowdowns, Answering Call from Consumer Watchdog

Friday, February 27, 2015

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Senate Lawmakers to Hold Hearings on Possible Refinery Manipulation of Gas Prices Via Shutdowns and Slowdowns, Answering Call from Consumer Watchdog

California Gas Prices Up 70 Cents a Gallon at Pump Since February 1 Santa Monica, CA -- Consumer Watchdog said it looked forward to working with Senate lawmakers who today set hearings for March on possible refinery price manipulation, as the group had requested.

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

Wednesday, February 25, 2015

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

Monday, February 23, 2015

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

Friday, February 20, 2015

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

Thursday, February 19, 2015

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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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Something Stinks and It’s Refineries

Wednesday, February 18, 2015

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

Wednesday, February 18, 2015

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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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Consumer Watchdog Urges CA Attorney General and Regulators to Investigate Tesoro’s Martinez Refinery Shutdown to Rule Out Gasoline Price Manipulation

Friday, February 6, 2015

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Consumer Watchdog Urges CA Attorney General and Regulators to Investigate Tesoro’s Martinez Refinery Shutdown to Rule Out Gasoline Price Manipulation

Santa Monica, CA—Consumer Watchdog today sent a letter to California Attorney General Kamala Harris and Robert Weisenmiller, Chair of the California Energy Commission, asking that they investigate Tesoro’s decision to shut down its Martinez refinery indefinitely as steelworkers mount a national strike.

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Consumer Watchdog Report Shows Keystone XL Will Raise American Gas Prices

Friday, January 9, 2015

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Consumer Watchdog Report Shows Keystone XL Will Raise American Gas Prices

Santa Monica, CA -- Following a Nebraska court’s ruling that the Keystone XL pipeline can be built, the nonprofit Consumer Watchdog said the issue should be moot for the Obama administration, the decision-maker, because the building of the pipeline will raise American gasoline prices – which are at historic lows.

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California Officials Ready to Spank Oil Companies

Wednesday, December 17, 2014

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California Officials Ready to Spank Oil Companies

A report released by Consumer Watchdog at the summit showed that the companies had spent more than $100 million on lobbying and campaign contributions during the last five years in California to combat environmental protections.

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Consumer Watchdog Report Calls On California Officials To Watch For Oil Company Production Cut Backs As Ploy To Raise Gas Prices & Undermine Cap and Trade

Monday, December 15, 2014

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Consumer Watchdog Report Calls On California Officials To Watch For Oil Company Production Cut Backs As Ploy To Raise Gas Prices & Undermine Cap and Trade

Oakland, CA – The nonprofit Consumer Watchdog released a report chronicling the tactics California oil companies are likely to use to undermine implementation of climate protection laws and warned state officials they include artificially hiking the price of gasoline.

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

Tuesday, August 7, 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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A Lot Less Fuming At The Gas Pump This Time

Saturday, April 7, 2012

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Activist Jamie Court, president of Consumer Watchdog in Santa Monica, calls it capitulation. "After you get bonked on the head by $4 and $5 gasoline enough times, maybe it doesn't hurt as much," Court said.

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