Energy

Big Oil And Government Hiding Record Profits

Submitted by Cody Rosenfield on Wed, 07/22/2015 - 11:22
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.
 

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

Submitted by Eddie Barrera on Wed, 07/15/2015 - 10:17

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. 

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Attorney General Investigating Gas Price Gouging in California

Submitted by Cody Rosenfield on Thu, 07/09/2015 - 11:22

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.
 

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

Submitted by Eddie Barrera on Wed, 07/01/2015 - 15:00

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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Oil Companies Record Exports Help Cause CA Gas Price Spike

Submitted by Eddie Barrera on Thu, 06/11/2015 - 15:00

National radio host Norman Goldman and Consumer Watchdog President Jamie Court talk about how oil companies have been sending record exports of gas overseas in order to help keep supplies low, which combined with refinery outages, jacked up CA gas prices.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_6-...

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Bermuda Triangle, Area 51 and...Gas Price Spikes

Submitted by Eddie Barrera on Fri, 06/05/2015 - 10:44

State Senate leader Kevin de Leon had some fun with critics as he pushed for unprecedented climate change legislation this week. 

On the Senate floor as he spoke about SB 350, which calls for a dramatic reduction in petroleum use, greater energy efficiency in buildings,  and increasing renewable sources, the Los Angeles Democrat said trying to figure out how gas prices are "actually formulated" is one of the great mysteries of the world, like the Bermuda Triangle, Roswell and Area 51. 

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