California Focus: Gas gougers beware: California is onto you at last ...Middle East

It has taken more than 50 years of on-and-off gasoline price gouging, but at long last California government is onto the oil refiners who essentially steal billions of dollars from motorists every year. If price gouging is illegal in disaster areas – and it is – it probably also should be heavily punishable when refinery mishaps push down supplies temporarily. Instead, prices go up whenever any of the state’s five major refineries reports even a small and short outage, even if it’s caused by planned maintenance. Later, they may drop a little, but never back to where they were before. Whenever this happens, oil company profits soar. If the oil companies reap billions of dollars in profits via

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Last updated : 25 October 2022 clock 02:56 PM

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California Focus: Gas gougers beware: California is onto you at last ...Middle East

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