Over the last two decades, California oil refiners have averaged about 30 cents per gallon in profits, and rarely made more than 50 cents per gallon in profit. Now the oil refiners are raking in more than $1 per gallon in profits.
Jamie Court with Consumer Watchdog explains how big oil is fleecing Californians at the gas pump.
Consumer Watchdog's Jamie Court talks with KGO's Michael Finney about reducing the high price of gasoline in California by imposing a price gouging penalty on oil refiners for making unprecedented profits.
Consumer Watchdog's Carmen Balber discusses how most Californians will be receiving refunds from the State to help fight inflation.
Consumer Watchdog's Jamie Court explains how Big Oil's 5 refineries that control 97% of the gas production in CA collude to all schedule maintenance at the same time to artificially drive up the price at the pump and gouge Californians.
Jamie Court with Consumer Watchdog explains how Big Oil companies, who control 97% of gas production in CA, are purposely limiting supplies to drive up their profits.
Consumer Watchdog is calling for a windfall profits tax on Big Oil companies for their greedy price gouging of Californians.
Consumer Watchdog's Jamie Court explains how Big Oil companies are artificially lowering supply so they can price gouge Californians at the pump and calls for a windfall profit tax to give the money back to consumers.
Jamie Court with Consumer Watchdog explains how Big Oil's costs do not rise with refinery maintenance, but their profits do especially when they are price gouging.
Consumer Watchdog's Jamie Court explains how the big oil companies are price gouging Californians at the pump.