Energy

U.S. Gasoline Prices Projected To Hit $2.03 By December

September 10, 2015  ·  Mark Reback

<p>U.S. gasoline prices are projected to fall through the end of the year to almost $2 a gallon -- but California drivers won't be so fortunate.</p> <p>The U.S. Energy Information Administration said Wednesday that low oil prices and the end of the summer driving season will continue to propel a decline in gasoline prices nationwide.</p> <p>AAA reported the current national average for a gallon of regular gasoline at $2.38. In California, the state average was $3.25, and the Los Angeles region was at $3.45 a gallon.</p>

The Next Three Weeks In Sacramento Could Change Everything

August 26, 2015  ·  Carmen Balber

<p><a href="http://capitolwatchdog.org/article/three-weeks-sacramento-could-change-everything#overlay-context=article/three-weeks-sacramento-could-change-everything"><img class=" alignright size-full wp-image-2887" alt="" src="https://consumerwatchdog.org/wp-content/uploads/2015/08/bigoilvspeoplemail2.png" style="width: 250px; height: 124px; margin-left: 7px; margin-right: 7px; float: right;" width="1200" height="596" /></a>The future of the Earth, and California's dependence on Big Oil, could be determined in these last three weeks of the Legislative session.    </p>

Big Oil’s Shadow War On Billionaire Steyer

August 19, 2015  ·  Mark Reback

<p class="TEXT_w_Indent">Oil companies that bankrolled a $9.7 million effort in 2014 to block laws against fracking in California now are focusing their sights on Tom Steyer, the billionaire hedge- fund founder turned climate-change activist.</p> <p class="TEXT_w_Indent">The top individual political donor in the United States last year, Steyer has put millions of his $2.7 billion personal fortune into the cause, hired Gov. Jerry Brown’s former top spokesman and challenged Chevron Corp. Chief Executive John Watson to a public debate on gas prices.</p>

Another View: Big Oil Is Gouging Californians

August 19, 2015  ·  Mark Reback

<div id="content-body-16194260-31551845"> <p>The math is so simple, anyone should be able to grasp it: Triple the gasoline prices + Triple oil refiner profits = Golden State Gouging.</p> <p>Instead, Dan Walters ignores facts and misuses gas pricing data to wrongly blame environmental standards for unprecedented pain at the pump that is the result of historic oil industry profiteering (“<a href="http://www.sacbee.com/news/politics-government/dan-walters/article30735885.html" target="_blank" title="" rel="noopener">Steyer’s flunking logic test</a>,” Aug. 12).</p>

Gas Prices Falling Nearly Everywhere But California

August 10, 2015  ·  Mark Reback

<h3 itemprop="alternativeHeadline">California consumer groups cry foul but oil companies blame elements beyond their control</h3> <p>Gas prices are tumbling, except where they're not. Nationwide, average prices are falling at the fastest rate since January due to cheaper crude oil costs and the resolution of some refinery issues but in California, the gap between local prices and the rest of the country is bigger than ever.</p>

L.A. Gas Prices Drop More Than 20 Cents From July Highs

August 10, 2015  ·  Mark Reback

<p>After soaring well above the rest of the nation, the average gasoline price in the Los Angeles region fell almost 25 cents below their highs of a month ago.</p> <p>The average price for a gallon of regular gasoline in the L.A. area Monday stood at $3.81, according to AAA. In mid-July, AAA’s survey found the average price for the region reached a high of $4.05 a gallon.</p> <p>Analysts attributed the drop to falling crude oil prices and increased production at U.S. refineries.</p>

Watchdog: California Drivers Being Gas-Gouged On ‘Unprecedented’ Scale In 2015

August 6, 2015  ·  Mark Reback

<p>L<span class="story_dl">OS ANGELES, Aug. 6 (UPI) --</span> California gas prices are typically among the most expensive in the nation, but a consumer advocacy group on Wednesday called for legislation to put a stop to what it says is major league price-gouging -- to the tune of nearly $5 billion so far this year.</p>

Tom Steyer Fights High California Gas Prices

August 6, 2015  ·  Mark Reback

<div class="field field-name-body field-type-text-with-summary field-label-hidden"> <div class="field-items"> <div class="field-item even"> <p>Billionaire environmentalist Tom Steyer’s latest political fight is aimed at California’s high gasoline prices.</p> <p>Steyer, who is known nationally for spending millions upon millions of dollars to get climate-friendly candidates elected to national office, is blaming oil company profits for the high costs.</p>

Californians Get No Joy From Oil Rout Amid High Pump Prices

August 6, 2015  ·  Mark Reback

<div class="article-body__content"> <p><img class=" alignleft size-full wp-image-11253" alt="" class="left" src="https://consumerwatchdog.org/wp-content/uploads/2015/08/images_crudeoilprices.jpg" style="width: 500px; height: 266px; margin-left: 7px; margin-right: 7px; float: left;" width="1200" height="649" /></p> <p>Anybody looking for drivers pleased by the recent plunge in oil prices would be hard pressed to find them in Los Angeles.</p>

$1.2 Billion: California Motorists Spent Record Amount On Gas In July During Price Spike

August 6, 2015  ·  Mark Reback

<p>As gas prices slowly drop across the region, California motorists can take a sigh of relief after spending $1.2 billion more on gas than the rest of the nation in July, while refineries brought in record profits, according to Consumer Watchdog.</p> <p>The group, a nonprofit that advocates on behalf of consumer interests, said California drivers spent $201 more on gas last month than people in the rest of the country.</p>

Golden State Gouge: The Summer of Record Refining Profits

August 5, 2015  ·  Liza Tucker

EXECUTIVE SUMMARY In the six months since California’s record gasoline price spike began in February, Californians have paid $4.8 billion more than the rest of the country for regular gasoline at the pump, according to a Consumer Watchdog analysis of state and federal…

NextGen Climate Founder Tom Steyer Joins Consumer Watchdog In Call for Oil Company Accountability and Lays Out Initiative Framework

August 5, 2015  ·  Cody Rosenfield

<p><img class=" alignright size-full wp-image-2883" alt="" src="https://consumerwatchdog.org/wp-content/uploads/2015/08/jamie_court_tom_steyer_oil_press_conference_aug_5_2015_shot_4.png" style="width: 250px; height: 247px; float: right;" width="1200" height="1187" />NextGen Climate Founder and businessman Tom Steyer joined Consumer Watchdog today to release a new report on California oil refiner price gouging.