Oil

Jamie Court testifies at the California State Senate - March 24 2015

Exxon Misrepresents Torrance Refinery Safety Record and Explosion’s Effect on Gas Prices to Lawmakers at Town Hall Hearing

Exxon misrepresented its safety record at its Torrance refinery to lawmakers at a public hearing at Torrance City Hall last week, suggesting its February 18 explosion and fire was unique, and did not acknowledge how extensively the blast damaged its ability to supply gasoline.

State Investigators Still Mum On Consumer Watchdog Request To Rule Out Refinery Price Manipulation

Consumer Watchdog said today that the spot price of gas leapt a dime overnight, as the group had predicted in the wake of two refinery shutdowns affecting 16 percent of the state’s refining capacity.

“We really need proper oversight of refineries in terms of ruling out price manipulation via shutdowns,” wrote Consumer Watchdog in two letters to state officials earlier this week.

For the letters, see:

KGO TV San Francisco, CA - California's Gas Supply Cut By Almost 20%

California Officials Ready to Spank Oil Companies

I have been watching oil companies get away with price gouging for so many years that it was refreshing to see California's top political leaders let the oil companies know that they're going to be on the hot seat if they try to undermine California's landmark environmental laws taking effect in January.
 

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