California Governor Accuses Valero Of Ripping People Off At The Pump ...Middle East

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California Governor Accuses Valero Of Ripping People Off At The Pump
source : OILPRICE ( Middle East ) () 24
California Governor Gavin Newsom has lashed out at Valero, which this week reported another financially strong quarter, saying the company was ripping off Californians by selling fuels at higher prices. In a statement, Newsom said that “Big oil is ripping Californians off, hiking gas prices and making record profits. As Valero jacked up their profits by over 500% in just a year, Californians were paying for it at the pump instead of passing down those savings.” “That’s why we’re taking action to implement a price gouging…

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