TJ Watkins has served as a public member of the medical board of California; he says he is troubled by what he has witnessed. Of the 10,000 or so complaints filed by patients every year, only a small fraction of those are actually investigated.
Consumer Watchdog says, regulations do not account for spikes and higher costs in California.
President of Consumer Watchdog, Jamie Court, discusses how the four oil refiners quadrupled their profits in the first three quarters of this year.
Consumer Watchdog's president Jamie Court presents testimony to the California Energy Commission on November 29, 2022 about the need for a windfall profits cap, which Governor Newsom has called on the California legislature to enact in a special legislative session starting December 5, 2022.
CEO of consumer watchdog Jamie Court said he knows the price spikes are because of greed; In 2022, the oil refineries in California doubled their profits. These are unprecedented windfall profits and it's all because of the market power of the oil refiners.
According to Carmen Balber, with Consumer Watchdog the time when it really makes sense to buy travel insurance is if you are going on a big, expensive foreign vacation where you have to pre-pay for your hotels, travel, tours, etcetera, and there's a chance you might lose that money.
Consumer Watchdog's Jamie Court says this recall could cost as much as $7.6 million.
Governor Newsom accuses big oil companies of ripping off customers, Consumer Watchdog found that Valeros profits in California where once again higher than any other region in the country and the world, while Californians are trying to pay record gas prices and deal with rising inflation.