Oil

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:

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.