Top executives and insiders at California’s big five oil refiners cashed out $590 million in stock in 2022, according to a review of filings with Securities Exchange Commission by the nonprofit Consumer Watchdog.
By Adam Beam, ASSOCIATED PRESS https://apnews.com/article/california-chevron-oil-gas-prices-bc34bc7259373baad141180778c6af35 SACRAMENTO, Calif. (AP) — Chevron has not complied with a new California law requiring it to disclose how much...
Sacramento, CA – Consumer Watchdog President Jamie Court will offer testimony in favor of enacting a price gouging penalty and windfall profits cap on oil refiners...
Los Angeles, CA—PBF Energy today posted an annual profit of $2.9 billion. The five refiners controlling California’s gasoline market — PBF Energy, Chevron, Marathon Petroleum, Valero,...
By Dan Bacher, THE DAILY KOS https://www.dailykos.com/stories/2023/2/15/2153205/-State-Senator-Dave-Min-Introduces-Bill-to-End-Offshore-Oil-Drilling-in-California-Waters SACRAMENTO, CA — While California officials and major media continue to claim the state is the nation’s “green leader,” offshore oil and gas...
By Aaron Cantu, CAPITAL & MAIN Over the last few years, as California has introduced stronger regulations on oil and gas drilling aimed at protecting...
Dan Bacher, ELK GROVE NEWS http://www.elkgrovenews.net/2023/02/big-oil-spent-over-342-million-lobbying.html The oil and gas industry in California spent over $34.2 million in the 2021-22 Legislative Session against SB 1137, legislation to...
Ari Plachta, THE SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article272187523.html The oil and gas industry spent over $34 million lobbying California lawmakers while reaping record profits in 2022, new...
By Seth Sandronsky, SANTA BARBARA NEWS PRESS February 3, 2023 Last December, Gov. Gavin Newsom convened a special legislative session, demanding a price-gouging penalty on...
