Tag: Big Oil

Energy

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

Liza Tucker October 25, 2022

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...

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Energy

KCBS-AM San Francisco CA; Windfall Profits Tax Might Be the Only Way to Reign Big Oil’s Greed In CA

Consumer Watchdog October 20, 2022

By Staff Reporters, KCBS-AM San Francisco, CA October 20, 2022 Click here to listen to the audio of this radio broadcast segment. Jamie Court with Consumer...

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Energy

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

Jamie Court October 20, 2022

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

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Energy

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

Jamie Court October 19, 2022

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In The News

The Mystery Lurking In California’s $8 Gas Prices

Consumer Watchdog October 15, 2022

The Golden State has a ‘mystery gas surcharge.’ Some say it’s price gouging. By Shannon Osaka, the Washington Post October 15, 2022   Eight dollars...

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Energy

California Oil Refiners’ Windfall Profits Require A Windfall Profits Tax To Bring Gas Prices Under Control, Consumer Watchdog Report Shows

Jamie Court October 6, 2022

Los Angeles, CA — Pointing to windfall profits reported by California oil refiners to their investors, Consumer Watchdog issued a report showing that a windfall...

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In The News

California Gas Prices Hit Record Highs. But Relief May Be Coming. Here’s Why

Consumer Watchdog October 5, 2022

By Janet Wilson, THE DESERT SUN October 5, 2022 https://www.desertsun.com/story/news/2022/10/05/california-gas-pump-prices-hit-new-highs-but-should-drop-weekend/8192965001/ Gas prices at the pump hit record highs in many parts of California on Wednesday, with greater...

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Energy

Consumer Watchdog Asks Governor Newsom To Call Special Session To Deal with Pain at Pump

Jamie Court September 27, 2022

Los Angeles, CA — Consumer Watchdog today asked California Governor Gavin Newsom to call a special session of the California legislature to address the unprecedented,...

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Accountability

Red Green & Blue – Setbacks: CA Finally Banned Oil Drilling Right Next To Homes and Schools. Big Oil Is Already Scheming To Overturn That

Consumer Watchdog September 24, 2022

By Dan Bacher, RED GREEN & BLUE Setbacks: CA finally banned oil drilling right next to homes and schools. Big Oil is already scheming to...

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Energy

Governor To Decide Whether To Require Oil Refiners To Disclose Profits Per Gallon Monthly

Jamie Court August 30, 2022

Los Angeles, CA – A bill requiring oil refiners to disclose their per gallon profits monthly is now on Governor Newsom’s desk, having passed out...

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Energy

Legislation Requiring Oil Refiners To Disclose Profits Per Gallon Monthly Clears CA Assembly

Jamie Court August 30, 2022

Los Angeles, CA — A bill requiring oil refiners to disclose their per gallon profits monthly passed out of the California Assembly  by a vote...

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In The News

Elias: Oil, Gas Costing Us More Than We Thought

Consumer Watchdog August 3, 2022

Column by Thomas Elias, THE COAST NEWS August 3, 2022 https://thecoastnews.com/elias-oil-gas-costing-us-more-than-we-thought/ The idea that oil companies and gasoline refiners could gouge Californians — and other...

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