More Transparency For California Gas Markets
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...
Energy
Energy and utility watchdog coverage — gas prices, oil-industry profits, utility rates, and clean-energy accountability.
Misnomers In Legislative Debate Over Price Gouging Penalty
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...
Consumer Watchdog Testifies For Windfall Profits Cap At CA Senate Energy Committee
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...
Over 100 Groups Support California Legislation Curtailing Excessive Refinery Profits
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...
PBF Energy, Last of California’s Big Five Refiners To Report 2022 Results, Finishes Parade Of Windfall Profits In California
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,...
Consumer Watchdog Provides Testimony Of Manipulation of Natural Gas Prices In Southern California To Public Utilities Commission
San Francisco, CA – Consumer Watchdog President Jamie Court offered the following testimony to the Public Utilities Commission on the spike in natural gas prices...
Two California Refiners Reveal Windfall Profits For 2022, Continuing In Footsteps of Chevron
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,...
Chevron Reports $1.4 Billion In CA Windfall Refining Profits In 2022
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...
Chevron Doubles 2022 Profits, Reveals Extensive Gas Price Gouging In The West
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...
Valero 2022 Profits Skyrocket But Gas Pump Gouging In CA Moderates As CA Threatens Refiner Penalty
Los Angeles, CA—Valero raked in $11.5 billion in 2022 profits, beating its $930 million for the previous year by a dozen times. However, Governor Newsom’s...
80 Environmental Advocacy Groups Support Price Gouging Penalty On California Refiners
Los Angeles, CA—80 environmental and public health advocacy groups have sent a letter of support to Senator Nancy Skinner (D-Berkeley), author of legislation setting a...