Over the last two decades, California oil refiners have averaged about 30 cents per gallon in profits, and rarely made more than 50 cents per gallon in profit. Now the oil refiners are raking in more than $1 per gallon in profits. With Governor Newsom's price gouging rebate, the excess profits oil companies make from manipulating the market will go back to California drivers. Oil refiners will have to return to the public whatever profits they make over 50 cents per gallon. [Voiceover by Mike Farrell]
