Archive | ExxonMobil

RSS feed for this section

Press Release

Sacramento, CA — Consumer Watchdog told a state panel looking into gasoline price manipulation today that a handful of big oil refiners have been able to charge California drivers 70 cents to $1 more per gallon than the rest of America because they have an information advantage over the rest of the market, the public and regulators.

Continue reading…

Press Release

Exxon Parked Tanker In Singapore, Chevron Exported To Drive Price Spike

Santa Monica, CA — Consumer Watchdog delivered a report today to a state panel finding that California’s largest oil refiners calibrated imports and exports of gasoline to artificially inflate gasoline prices during the first nine months of 2015, when gas prices were consistently $1 per gallon higher than the nationwide average.

Continue reading…

Press Release

Santa Monica, CA – ExxonMobil’s sale today of its Torrance Refinery may allow it to escape the state, but not culpability for the February 18 explosion or its subsequent coverups over its causes. That explosion injured four workers and endangered the community, and touched off a price spike that cost Californians $6 billion more for their gasoline than they would have paid otherwise.

Continue reading…

Press Release

Santa Monica, CA — California has broken all records for the biggest gap between what consumers here have paid so far versus the rest of the nation for gas at the pump, Consumer Watchdog said today. Californians paid $1.2 billion more, after tax differentials, than the rest of the nation in the month of July, a record, and $4.8 billion more for their gasoline over the last six months ending July 31st, since gas price spikes started. That amounts to $201 extra dollars paid by each California driver.

Continue reading…

Press Release

Santa Monica, CA —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, Consumer Watchdog said today.

Continue reading…

Press Release

Santa Monica, CA – Consumer Watchdog said today that the retail price per gallon of gas in California has soared 53 cents between February 2, when Tesoro began shutting down its refinery in Martinez, through today. A regular gallon of California gasoline now costs an average of $2.96 a gallon.

Continue reading…

Press Release

Santa Monica, CA – Consumer Watchdog announced today that spot gas prices in Los Angeles have risen 25 cents since Tuesday when an explosion rocked Exxon’s Torrance refinery, according to the Energy Information Administration. Paired with Tesoro’s Martinez facility that is also shut down, 16.5% of California’s refinery capacity is affected.

Continue reading…

Smoking Gun

Today’s explosion at the Torrance refinery couldn’t come at a better time—for refiners interested in driving up the price of gas.

That’s why we are calling for the California Attorney General, Governor, and lawmakers to step in. We want the Attorney General to send in some boots on the ground to rule out any price manipulation by Tesoro when it shut down its Martinez refinery. We also want to know what first caused Exxon to tell one observer that its Torrance refinery would be offline for two weeks due to a mechanical problem, and then what caused an explosion at the refinery today.

Continue reading…