Consumer Watchdog

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Consumer Watchdog

KABC TV-7 Los Angeles, CA – KABC TV7 LA – California Oil Refineries Pocketing Record Profits, Advocacy Group Says

Consumer Watchdog, a nonprofit consumer advocacy organization, says oil refineries are pocketing more money than ever in California history because of the recent spike in gas prices.

On average, Los Angeles County drivers are currently paying $4.25 per gallon for regular gas, $1.50 more than the nationwide average.

The Santa Monica-based group is now calling to change the way oil companies do business. By the oil companies own records, the group said the refineries profits soared to levels not seen before.

Ric Romero has the story.

Mark Reback

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