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...
By Jim Shields, ANDERSON VALLEY ADVERTISER November 19, 2022 https://theava.com/archives/203373 Big Oil Continues to Fleece Californians Consumer Watchdog, California’s premier citizens advocate organization, reports that...
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...
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…
By The Office of Governor Gavin Newsom November 1, 2022 https://www.gov.ca.gov/2022/11/01/more-oil-companies-made-massive-profits-as-californians-paid-higher-gas-prices/ California refiners Phillips 66 and Marathon reported profit increases up to 1243% higher than...
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...
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...
By Janelle Williams, INTERNATIONAL BUSINESS TIMES October 28, 2022 https://www.ibtimes.com/gas-prices-us-california-gov-gavin-newsom-attacks-valero-over-surging-profits-3628527 California Gov. Gavin Newsom said Tuesday in a press conference that Valero Energy Corp. has...
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...
