Top executives and insiders at California’s big five oil refiners cashed out $590 million in stock in 2022, according to a review of filings with Securities Exchange Commission by the nonprofit Consumer Watchdog.

This morning the Los Angeles Times published my commentary on why we need more transparency in California’s gas markets. Let's hope the powers that be in Sacramento and Washington listen. The oped follows: Who profits from Southern California’s high...

When the California Senate Energy Committee took on the price gouging penalty for the first time recently, economists with a track record working for the oil industry tried to muddy the waters on the real issues in the debate. Did oil refiners make...

Sacramento, CA – Consumer Watchdog President Jamie Court will offer testimony in favor of enacting a price gouging penalty and windfall profits cap on oil refiners at the California Senate Energy, Utilities and Communications Committee today. His presentation, linked here, documents the...

Labor, Working Families Party, progressive and climate justice organizations unite on bill to penalize future gasoline price gouging Sacramento, CA — Over 100 state, local, and national organizations sent a letter calling on the California Legislature to adopt Governor Gavin Newsom’s price...

Los Angeles, CA—PBF Energy today posted an annual profit of $2.9 billion. The five refiners controlling California’s gasoline market --  PBF Energy, Chevron, Marathon Petroleum, Valero, and Phillips 66 – have now reported  a combined 2022 annual profit of $75.4...

San Francisco, CA – Consumer Watchdog President Jamie Court offered the following testimony to the Public Utilities Commission on the spike in natural gas prices in Southern California:  Something is clearly wrong with the natural gas market in the...

Los Angeles, CA—Marathon Petroleum made 75 cents in profit per gallon off West Coast drivers in 2022, virtually doubling what it made the year before, strengthening the case for the California legislature to enact a windfall profits penalty....

Total Windfall Profits Rebate Climbs to $3.2 Billion As Fourth Quarter Reports Continue To Roll In Los Angeles, CA—Chevron’s profits report to investors Friday revealed it made 85 cents per gallon profit in California in 2022, more than doubling...

Los Angeles, CA—Chevron reported earnings for the year of $35.5 billion, more than doubling last year's $15.6 billion, with financial data revealing the company also doubled its per gallon profits off consumers on the West Coast, Consumer Watchdog said...