Oil

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

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. 

Oil Supply Needs Regulation in California

National radio host Norman Goldman and Consumer Watchdog President Jamie Court talk about how regulation is needed in the California oil market to force transparency by oil companies and to get them to increase the supply on hand.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_5-...

KGO ABC TV-7 San Francisco: Tom Steyer & Consumer Watchdog Take On Oil Company Price Gouging

Source:
KGO ABC TV-7 San Francisco
 
Michael Finney covers a new report from Consumer Watchodg that confirms what California motorists have long suspected — oil refiners are drawing deep profits from gasoline price spikes. Tom Steyer & Jamie Court explain.

Chamber of Commerce Doing Bidding of Big Oil on Climate Change Bills

The California Chamber of Commerce's usual and powerful response to meaningful climate change legislation is to call it a "job killer."
 
In 2006, the Legislature passed groundbreaking AB 32, which aimed to reduce emissions of greenhouse gases that cause global warming to 1990s levels by 2020. The Chamber said that it would be a job killer and push businesses out of the state. It lost that battle, and nearly ten years later, the predictions proved false.
 

Californians Getting Gouged At The Gas Pump

Consumer Watchdog President Jamie Court with radio host Norman Goldman discuss the reasons for the volatility of gas prices and how Californians have been paying extra to the big oil companies.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_4-...

Tom Steyer and Consumer Watchdog Call On Legislators To Make Oil Company Executives Answer For February’s $550 Million Gas Price Spike

Business leader, philanthropist and climate activist Tom Steyer and Consumer Watchdog President Jamie Court asked California lawmakers to subpoena oil industry executives to explain why California’s gasoline market is structured for shortages and volatility.
 

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