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Consumer Watchdog

KCRW-FM Los Angeles, CA: Valero’s Nearly 3 billion Dollar Windfall In The Third Quarter Included Profits Of More Than 60 Cents A Gallon For Gas Produced In The State

By Staff Reporters, KCRW-FM Los Angeles, CA

October 26, 2022

Click here to listen to the audio of this radio broadcast segment.

Big Oil raised gas prices to record highs in quarter 3 despite crude costs going down. This came at the expense of Californians who paid an average of 6 dollars in 42 cents at the pump when prices peaked in early October.