ALERT: Los Angeles Gas Spot Price Rises A Quarter Since Tuesday’s Refinery Fire, Consumer Watchdog Continues Call For Investigation Into Price Manipulation

Published on

Santa Monica, CA – Consumer Watchdog announced today that spot gas prices in Los Angeles have risen 25 cents since Tuesday when an explosion rocked Exxon’s Torrance refinery, according to the Energy Information Administration. Paired with Tesoro’s Martinez facility that is also shut down, 16.5% of California’s refinery capacity is affected.

Consumer Watchdog previously alerted state officials about shutdowns driving prices sharply up and called for state investigations of the downed facilities to investigate artificial price manipulation.

For the most recent letter, see:
For the first letter:

In its December report, Pump Jacking California’s Climate Protection, Consumer Watchdog warned that oil companies might artificially cut back on gasoline production and inflate gasoline prices to undermine new rules to control greenhouse gas emissions. The report can be viewed here:

















– 30 –

Jamie Court
Jamie Court
Consumer Watchdog's President and Chairman of the Board is an award-winning and nationally recognized consumer advocate. The author of three books, he has led dozens of campaigns to reform insurance companies, financial institutions, energy companies, political accountability and health care companies.

Latest Videos

Latest Articles

In The News

Latest Report

Subscribe to our newsletter

To be updated with all the latest news, press releases and special reports.

More articles