Tag: Gas Prices
Valero Quintuples 3rd Quarter Profits; Makes Windfall Of $50 million Off CA Consumers With 60 Cents Per Gallon Profit In West
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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Californians Need a Rebate From Gasoline Price Gouging
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
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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KABC TV-7 Los Angeles, CA: Newsmakers Experts Explain Why Gas Prices Are So High
New Oil Slick Discovered Off Long Beach Highlights Lack Of Real Marine Protection In California
By Dan Bacher, ELK GROVE NEWS October 18, 2022 http://www.elkgrovenews.net/2022/10/new-oil-slick-discovered-off-long-beach.html Long Beach, CA – As offshore drilling continues off Southern California in a state portrayed as the...
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Fifty Environmental & Public Interest Groups Back Newsom’s Special Session Bid To Cap Oil Refiner Windfall Profits In Letter To Leadership
Los Angeles, CA—Fifty environmental and public interest groups wrote legislative leaders to back Governor Gavin Newsom’s call for a special legislative session to establish a...
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Opinion: A California Windfall Profits Tax Would Curb Gas-Price Gouging
The climb in the cost at the pump to $2.60 per gallon more than the rest of the United States is unprecedented Op-Ed by Jamie...
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KGO-TV California Oil Refiners Need A Windfall Profits Tax To Lower Gas Prices
The Observer: Way Past Time For Windfal Tax On Oil Companies
Editorial by Editorial Board, UKIAH DAILY JOURNAL October 9, 2022 The Observer: Way past time for windfall tax on oil companies You could say it’s...
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Governor Calls For Special Session To Impose Windfall Tax On Oil Profits As Gas Prices Soar
By Dan Bacher, DAILY KOS October 8, 2022 https://www.dailykos.com/stories/2022/10/8/2127758/-Governor-calls-for-special-legislative-session-to-investigate-oil-cos-for-big-hike-in-gas-prices?utm_campaign=recent Sacramento, CA – At a news conference on Friday, Governor Gavin Newsom called for a special...
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Consumer Watchdog Applauds Governor’s Call For Special Session On Gasoline Price Gouging
Los Angeles, CA — Consumer Watchdog today applauded Governor Newsom for calling a special session of the legislature to deal with price gouging at the...
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