Los Angeles, CA—After nearly a year of rulemaking and over 1,000 pages of public comments later, the country’s first dedicated data privacy agency on Friday approved regulations aimed at giving consumers unprecedented control over their private data.
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. Meanwhile Phillips 66 reported fourth quarter West Coast results indicating a moderating influence simply from the threat of a windfall profits cap, Consumer Watchdog said today.
Four out of the five big California refiners have now reported profits of $72.5 billion for the year. (Chevron, Marathon, Valero, and Phillips 66.)
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 last year’s 37 cents per gallon profit and nearly doubling its historical average of 46 cents per gallon over the last twenty years.
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 today.
