At a hearing Wednesday, California Energy Commission Vice Chair Siva Gunda argued oil companies — which logged record profits last fall — cashed in on higher oil prices but kept gas prices high for consumers, even as oil costs fell, raking in the money as drivers struggled to pay the bills. #california #bigoil #gasprices #scrippsnews
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12 Comments
Antitrust complaint. the subject is very unsettling, politicians and Oil Company go hand-in-hand they both have the greed of power, oil companies love to make money from their product ,politicians need the money to get the power. Republican party is running for office off the oil companies money, of course there are Democrats involved with big oil. the governor of California is doing the right thing, stop the price gouging. and plus alligator percentage of their profits to take care of the roadways,
Californians can't afford evs in the quantity necessary to make a difference.
Truckers can't afford the new " clean " trucks.
The state doesn't spend the fuel tax money on it's transportation infrastructure.
Too many conflicting laws, rules and regulations on every single aspect of California's residents lives.
Give me a break! California has a 53.9 cent gas tax! Now who is excessive?
Now will business demand that California reimburses them if they don't make a minimum profit ?
They make billions on us ! We voted you guys to represent us not big oil companies ! So sick and so sad and insane !
Remember we pay one dollar tax on one gallon. We have paid for consumers in cold states ! Just verify from websites!
GAVIN HAS BEEN SCREWING YOU NOT THE PETRO COMPANIES
It’s about time. This decade is making the roaring 20’s from the previous century look like child’s play.
I do believe that the oil companies need to be kicked in the groin for their EXCESSIVE GREEDINESS! But I can see through this as well. And this is nothing more than POLITICAL GRANDSTANDING BY Gavin NUISANCE!
Oil companies should cut them off immediately
The governor is upset because the big oil didn’t donate millions to his office
He is a domestic terrorist