Tag Archive | "refineries"

ALERT: California Gas Prices Up 37 Cents This Week; A Buck Over National Average, Driven By Refiner Shortages and Outages

Thursday, April 30, 2015

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ALERT: California Gas Prices Up 37 Cents This Week; A Buck Over National Average, Driven By Refiner Shortages and Outages

Refiners Remain Silent Because Law Does Not Require them to Disclose Information Santa Monica, CA—The price of a gallon of regular gas in California spiked up another 40 cents this week and now stands at $3.59 a gallon at the pump due to fresh problems refineries have tried to conceal, Consumer Watchdog said today. Californians are now paying exactly a dollar more than the US average.

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Californians Paid $1 Billion Extra for Their Gasoline Over National Average in March

Thursday, April 9, 2015

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Californians Paid $1 Billion Extra for Their Gasoline Over National Average in March

Santa Monica, CA — California drivers paid $1 billion extra at the pump in March, when compared to the national average gas price charged to U.S. drivers, according to an analysis of the latest government data by Consumer Watchdog. The nonprofit consumer group said refiners continued to reap a windfall in the wake of refinery […]

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Consumer Watchdog Says California Petroleum Reduction Targets Needed To Stop Oil Company Price Gouging

Tuesday, April 7, 2015

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Consumer Watchdog Says California Petroleum Reduction Targets Needed To Stop Oil Company Price Gouging

Santa Monica, CA -- The nonprofit group Consumer Watchdog said that California legislation being debated today to cut petroleum demand in half will radically reduce the price of fuel in California.

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Tom Steyer and Consumer Watchdog Call On Legislators To Make Oil Company Executives Answer For February’s $550 Million Gas Price Spike

Tuesday, March 31, 2015

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Tom Steyer and Consumer Watchdog Call On Legislators To Make Oil Company Executives Answer For February’s $550 Million Gas Price Spike

Santa Monica, CA — Business leader, philanthropist and climate activist Tom Steyer and Consumer Watchdog President Jamie Court asked California lawmakers to subpoena oil industry executives to explain why California’s gasoline market is structured for shortages and volatility. The executives declined to testify at a March 24 hearing before a joint Senate Committee hearing into February’s dollar-a-gallon price spike at the pump.

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Exxon Misrepresents Torrance Refinery Safety Record and Explosion’s Effect on Gas Prices to Lawmakers at Town Hall Hearing, Consumer Watchdog Says

Tuesday, March 10, 2015

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Exxon Misrepresents Torrance Refinery Safety Record and Explosion’s Effect on Gas Prices to Lawmakers at Town Hall Hearing, Consumer Watchdog Says

Santa Monica, CA —Exxon misrepresented its safety record at its Torrance refinery to lawmakers at a public hearing at Torrance City Hall last week, suggesting its February 18 explosion and fire was unique, and did not acknowledge how extensively the blast damaged its ability to supply gasoline, Consumer Watchdog said today.

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Consumer Watchdog Urges Tough State Oversight of Gas Supply as California Drivers Face a One Buck a Month Price Spike

Monday, March 2, 2015

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Consumer Watchdog Urges Tough State Oversight of Gas Supply as California Drivers Face a One Buck a Month Price Spike

Santa Monica, CA -- Consumer Watchdog said today that prices per regular gallon of gas in California were up an unprecedented 96 cents in the last month, nearly triple the 38-cent increase per gallon nationwide.

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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

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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