Oil

Exxon's Torrance Explosion Could Have Been A Catastrophe

When Exxon’s Torrance refinery exploded last February, it injured four workers and took down an air pollution filtration system twelve stories high. That hobbled a refinery feeding Southern California 20 percent of its gasoline, and exacerbated a gasoline price spike. Californians wound up paying $10 billion more for their gasoline than elsewhere in 2015 as refineries gouged and gorged on swollen refining profits.
 

Oil Prediction: Another Year of Gouging Or a Year of Courage?

For California, 2015 was the year of the price spike. Could 2016 be the year of courage? 
 
A year ago, Consumer Watchdog warned that the oil industry would use 2015 to raise gas prices for huge profits and to push its political agenda. Predictably, the industry obscenely raised prices, making 2015  a record year for California gas prices compared to the national average. In Los Angeles, consumers are still paying over a dollar more than the rest of the nation.

Ex-Attorney General Bill Lockyer Explains Why He Is Working For Big Oil

Lockyer Goes To Dark Side, Big Oil

Heading to Sacramento Wednesday to testify on California’s outrageous gasoline price spikes, I was looking for context to explain the $10 billion extra California drivers paid for their gasoline in 2015 compared to US drivers. Then I read the Star Wars series made $4.4 billion worldwide. 
 
An oil oligopoly, anchored by four California oil refiners, that control 78% of the gasoline market, raked in more extra dollars at the pump in one year than one of the most successful movie franchises in history.
 

Shining Light Into A Big Black Hole (Or The Undisclosed Millions Big Industry Spends Lobbying)

The Fair Political Practices Commission is promoting new lobbyist disclosure rules after massive spending by the oil industry at the end of the last legislative session killed a law that would have reduced petroleum use in California by 50%. 
 

Vive La Corporation

During Governor Jerry Brown’s days in Paris attending climate negotiations, he called for nothing less than a revolutionary shift away from “this heavy commodification of our entire existence.” What drives that commodification, he said, is individualism and oil. What’s needed is “a life not based on oil, and a life not based on so much emphasis on the individual as opposed to the common good.”
 

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