Energy -

California Oil Refiners Post 30% Higher Profits In CA, Capturing A $1.8 Billion Windfall: Why We Need A Windfall Profits Cap

November 3, 2022 · Liza Tucker

With California’s five big oil refiner third quarter profits reports complete, a Consumer Watchdog review shows that four of the five together posted 30% higher profits per gallon from gasoline sold on the West Coast than anywhere else in the nation or world.

Phillips Extracts 68 Cents Per Gallon In 3rd Q Profits From West Coast Consumers; Pushes Total Windfall Profits For CA Refiners Past $1.5 Billion This Year

November 1, 2022 · Liza Tucker

Los Angeles, CA—Oil refiner Phillips 66 posted 3rd quarter refining profits of $2.8 billion, accounting for more than half of its total quarterly profits of $5.3...

Chevron Doubles 3rd Q Refining Profit to $2.5 Billion; New CA Transparency Law To Reveal Extent Of Big, Hidden Windfall Profits

October 28, 2022 · Liza Tucker

Los Angeles, CA—Chevron posted refining profits of $2.5 billion dollars in the third quarter, almost doubling their haul from the same quarter the year before. Half...

PBF’s Oil Refining Profits Triple, Makes 78 Cents Per Gallon On California Gasoline Compared To 50 Cents In Rest Of US

October 27, 2022 · Liza Tucker

Los Angeles, CA— California’s third biggest oil refiner made a whopping $2.26 billion off refining gasoline, tripling its profit in the third quarter, after excluding...

Valero Quintuples 3rd Quarter Profits; Makes Windfall Of $50 million Off CA Consumers With 60 Cents Per Gallon Profit In West

October 25, 2022 · Liza Tucker

Los Angeles, CA—Valero’s net income hit $2.8 billion for the third quarter of 2022, more than quintupling the $463 million reported for the same quarter...

Californians Need a Rebate From Gasoline Price Gouging

October 20, 2022 · Jamie Court

Investor Data For 20 Years Shows CA Oil Refiners Tripled Their Average Annual Profits In 2022; Windfall Profits Rebate Estimate for 2022 About $1 Billion Already

October 20, 2022 · Jamie Court

Los Angeles, CA — A review of oil refiner shareholder reports shows California oil refiners made an average of 32 cents per gallon annually from...

KABC TV-7 Los Angeles, CA: Newsmakers Experts Explain Why Gas Prices Are So High

October 19, 2022 · Jamie Court

Fifty Environmental & Public Interest Groups Back Newsom’s Special Session Bid To Cap Oil Refiner Windfall Profits In Letter To Leadership

October 18, 2022 · Jamie Court

Los Angeles, CA—Fifty environmental and public interest groups wrote legislative leaders to back Governor Gavin Newsom’s call for a special legislative session to establish a...

New CA Gas Price Spike Fault of Newsom Energy Commission’s Oversight Failure, Legislative Hearings Warranted

More New CA Oil Drilling Permits Approved in January Than All Of 2025 As Path to Clean Energy Faces Mounting State, Industry, and Federal Threats, Watchdogs Warn

Smiling For Nalleli, Ban on Community Oil Drilling Takes Effect

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