Tag Archive | "supply"

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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Californians Paid $550 Million Extra During February’s Gasoline Price Spike; Watchdog Report Finds Low Inventories & Profiteering Drive Gasoline Price Spikes

Tuesday, March 24, 2015

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Californians Paid $550 Million Extra During February’s Gasoline Price Spike; Watchdog Report Finds Low Inventories & Profiteering Drive Gasoline Price Spikes

Santa Monica, CA -- At a California State Senate hearing on February gasoline price spikes, Consumer Watchdog issued a report finding that California oil refiners have about half as much gasoline on hand than the rest of America, creating a volatile market that leads to gasoline price spikes. The report, “Price Spiked: How Oil Refiners Gouge Californians On Their Gasoline and What It Costs,” showed that Californians paid $550 million extra for their gasoline in February compared to drivers nationwide by calculating the difference between US and state prices and allotting for consumption.

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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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Consumer Watchdog Urges Regulator to Shut Down Refiner After Leak That Endangered N. California Community

Monday, July 16, 2012

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Consumer Watchdog Urges Regulator to Shut Down Refiner After Leak That Endangered N. California Community

State Department of toxic Substances Control Must Send “Strong Message” to Evergreen Oil Re-Refiner Over Repeated Safety Lapses, Accidents Santa Monica, CA -- Consumer Watchdog called on the Director of the California Department of Toxic Substances Control, Debbie Raphael, to indefinitely close the Evergreen Oil waste-oil re-refinery in Newark, Ca. in a letter sent today. On July 6, a pipe leak spewed “superheated oil” and triggered an emergency evacuation of the facility. The company and Newark police warned the surrounding community, including a nearby elementary school, to expect a wave of “strong odors” from the leak.

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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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State’s Drivers Ease Up On The Gas

Sunday, October 2, 2011

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"The pain in their wallets is causing them to rethink their lifestyles," said Jamie Court, president of Consumer Watchdog in Santa Monica, a frequent critic of Big Oil. "People tend to be a lot more environmentally conscious when just ignoring it is going to cost them something." The changes are even more significant, Court said, given the steady rise in the number of drivers. "It shows that ultimately we can solve both the higher emission problem and the higher consumption problem associated with more drivers if we can continue to improve fuel efficiency technology," Court said.

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Oil Drops 14%, Gas Only 3.4% – Fuel Prices Vary Significantly

Wednesday, August 31, 2011

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"There's an old saying in [the] gasoline [industry]," Judy Dugan, research director for Consumer Watchdog in Santa Monica, Calif., said Monday. "Prices go up like a rocket and down like a feather. There is a higher disconnect between the actual price of oil and the price of gasoline." Gasoline prices have been viewed as the "last bastion of competition," Dugan said, "but in this case that appears to have failed." Still, gasoline prices in the state vary significantly.

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Gas Prices Keep Soaring As U.S. Fuels Other Countries’ Growth

Monday, April 11, 2011

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Gas Prices Keep Soaring As U.S. Fuels Other Countries’ Growth

California-based nonprofit, Consumer Watchdog, recently provided a clue to where the "missing" gasoline may have gone. Recently, Judy Dugan, a petroleum market commentator for Consumer Watchdog, noted that the shares of oil refiners jumped in price last month "on bets that Japan would soon have to import a lot more heating oil and gasoline because of refinery fires and quake/ tsunami damage."

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Why California Drivers Pay More For Gasoline

Wednesday, March 9, 2011

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The new blends cost an estimated 5 to 15 cents more to make per gallon than standard-issue, regular gas. Plus, California became dependent on a limited number of refineries, and those refineries reaped higher profit margins than similar facilities elsewhere in the United States. "It's a stranded market, and it's much easier to control prices in a stranded market," said Judy Dugan, research director of the Consumer Watchdog nonprofit group.

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Consumer Watchdog Says Rising Gas Prices Are Form Of Highway Robbery

Wednesday, March 9, 2011

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On KFMB-TV Channel 8 in San Diego, CA, Judy Dugan from Consumer Watchdog says rising gas prices are a form of highway robbery.

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Facts of Life On High Gas Prices: It’s the Speculators & Oil Companies To Blame Not Middle East

Tuesday, March 8, 2011

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Facts of Life On High Gas Prices: It’s the Speculators & Oil Companies To Blame Not Middle East

While skirmishes in Libya and uncertainty in the Middlie East are nice cover for outrageous gasoline prices, the fact is the same old suspects are making a killing from sky-high gas prices approaching $4 dollars per gallon in California: big oil companies and greedy speculators.

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