Tag: Gas Prices
KCBS – Los Angeles, CA; New Year, New Pain At The Pump
Oil Refiners More Than Doubled Their CA Profits From Recent Gas Price Spikes
Watchdog Makes Case For Windfall Profits Cap Sacramento, CA — California’s four big oil refiners more than doubled their average profit of the last 20...
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Consumer Groups Voice Support For Gov Newsom’s Windfall Profits Cap/Price Gouging Penalty
Sacramento, CA — Leading consumer groups have written Governor Newsom to offer support for his plan to impose a windfall profits cap and price gouging penalty on...
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New Poll Shows More Than 60% of Californians Support Windfall Profits Cap On Oil Refiners
More than six in ten California voters support a proposal to impose a windfall profits cap and price gouging rebate on oil refiners for the...
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KGO – San Francisco, CA; Will Lawmakers Consider A Windfall Profit Cap On Gasoline Prices?
New Poll Shows More Than 60% of Californians Support Windfall Profits Cap On Oil Refiners
More than six in ten California voters support a proposal to impose a windfall profits cap and price gouging rebate on oil refiners for...
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Oil Producers Financing Referendum Against Drilling Ban Received New Permits This Year To Drill In Public Health Safety Zone Ahead Of January Ban
Los Angeles, CA—As a ban on permit approvals for oil drilling near vulnerable communities looms on January 1, oil drillers seeking to overturn the ban...
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California Oil Refiners Post 30% Higher Profits In CA, Capturing A $1.8 Billion Windfall: Why We Need A Windfall Profits Cap
With California’s five big oil refiner third quarter profits reports complete, a Consumer Watchdog review shows that four of the five together posted 30% higher profits per gallon from gasoline sold on the West Coast than anywhere else…
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Phillips Extracts 68 Cents Per Gallon In 3rd Q Profits From West Coast Consumers; Pushes Total Windfall Profits For CA Refiners Past $1.5 Billion This Year
Los Angeles, CA—Oil refiner Phillips 66 posted 3rd quarter refining profits of $2.8 billion, accounting for more than half of its total quarterly profits of $5.3...
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Chevron Doubles 3rd Q Refining Profit to $2.5 Billion; New CA Transparency Law To Reveal Extent Of Big, Hidden Windfall Profits
Los Angeles, CA—Chevron posted refining profits of $2.5 billion dollars in the third quarter, almost doubling their haul from the same quarter the year before. Half...
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PBF’s Oil Refining Profits Triple, Makes 78 Cents Per Gallon On California Gasoline Compared To 50 Cents In Rest Of US
Los Angeles, CA— California’s third biggest oil refiner made a whopping $2.26 billion off refining gasoline, tripling its profit in the third quarter, after excluding...
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