Energy

PUC Head Confirmed, Not Confronted

Examples mentioned, never followed up. Questions dangled, but never asked. And no one knows, still, where the money went. That's a short summary of Wednesay's relatively easy confirmation of Michael Picker, president of the California Public Utilities Commission.

Report: Golden State Gouge: The Summer of Record Refining Profits

This report analyzes the growing profits of California's major refiners in the second quarter of 2015, which saw a record price spike. In reviewing data from the California Energy Commission, researchers found that oil refiners were able to triple refiner margins the second week of July to a record $1.61 a gallon, representing the amount of money refiners receive for each gallon sold at the pump. The historical margin over the last fifteen years is 48 cents

Big Oil And Government Hiding Record Profits

Considering Big Oil's power in Sacramento, if the evidence showing that refiners are making record profits suddenly disappears from a government website, it’s unlikely to be a coincidence.
 

Wining and Dining With Energy Firms Still the Norm for PUC Commissioners

As investigations over alleged back-room dealings at the California Public Utilities Commission continue, Commissioner Mike Florio was wined and dined at a convention for a trade group that represents energy providers. 

Attorney General Investigating Gas Price Gouging in California

The California Attorney General's office said they are now investigating unusual pricing strategies by oil refiners a week after Consumer Watchdog presented it with evidence that oil refiners were artificially manipulating gasoline prices by leveraging their branded gasoline station contracts.
 

KTVU FOX TV - 2 San Francisco - Consumer Watchdog Presents Evidence to California Attorney General of Gas Price Manipulation by Oil Refiners

Source:
KTVU FOX TV - 2 SAN FRANCISCO
 
At a meeting of the state commission charged with investigating gas price manipulation, Consumer Watchdog delivered an analysis showing that since the end of May California’s largest oil refiners have engaged in unprecedented price manipulation to keep California gasoline prices artificially high using their leverage over prices at their branded stations.

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