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...
By Dan Bacher, DAILY KOS November 6, 2022 https://www.dailykos.com/stories/2022/11/5/2133724/-CA-oil-refiners-post-record-profits-as-Big-Oil-pumps-millions-into-campaigns-and-lobbying As the oil and gas industry pumped nearly $6 million this election season into backing candidates in California legislative...
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…
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 The Office of Governor Gavin Newsom October 27, 2022 https://www.gov.ca.gov/2022/10/27/more-record-profits-for-big-oil-as-californians-get-charged-more-per-gallon-than-any-other-state/ Shell’s profits more than doubled, their second-highest quarterly profits ever, with $4 billion going...
By Maggie Angst, THE SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article267851087.html Nearly a month after California Gov. Gavin Newsom proposed a new tax on “greedy” oil companies charging high gas...
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...
By Grace Gedye, CAL MATTERS October 26, 2022 https://calmatters.org/economy/2022/10/california-gas-tax/ Few things agitate drivers — and make politicians sweat — like rising prices at the pump....
By Gregory Yee, THE LOS ANGELES TIMES October 26, 2022 https://www.latimes.com/california/story/2022-10-25/california-newsom-targets-valero-record-profits-gas-prices Gov. Gavin Newsom on Tuesday took aim at Valero Energy Corp.’s “record profits” this...
