Lawyer Ready for First California Hearing in Gas Pumping Case

The State Senate Committee on Energy, Utilities, and Communications will hold its first hearing during a special session on gas prices. Hearing “Oil Windfall Penalty: Will Californians Get Relief When Refueling?” scheduled for Wednesday.

“This is a hearing on where we’re taking that line, how much money they can make from Californians,” said Jamie Court, president of Consumer Watchdog. The organization is waging war against the oil corporations.

The court said the oil corporations were at the forefront of overcharging Californians who now deserve answers, and that’s why he’s going to testify at this hearing.

“At one point, our gas prices were $2.60 higher than US gas prices, which is the highest we’ve ever had the last time we had a big gap,” he said. . “The difference between US prices was $1.60 and that was in 2015 after Exxon’s Torrance refinery exploded and was out of business for a year. This year there was no good reason for such hype.”

KPBS reached out to five major oil companies for comment but did not respond. These companies have been asked to testify at a hearing this week.

The court said it was not opposed to oil companies making a profit.

“You can make good money on gasoline for the state, you just cannot deceive us. So that’s the upper limit.” He said. “They made too much money on our backs. We need to do something to make sure this doesn’t happen again.”

The court said hearings like this matter because gasoline is not a luxury item that people can do without.

“Gasoline is a necessity in California, especially in southern California. People need to get to work. So when a gas station costs another $20 or $25, it’s a huge difference for people in the poorest segments of the population,” he said. “That’s why the governor proposed a price gouging fine, because he knows it hurts not only the people who have the lowest income and are in need, but the entire economy.”

The court says there should be a cap on the amount of profits oil companies are allowed to make, and Californians are owed billions in compensation.

Although gasoline prices have risen lately, they have fallen since they peaked in San Diego County last October, when a gallon of regular unleaded gasoline cost $6.44.

Content Source

California Press News – Latest News:
Los Angeles Local News || Bay Area Local News || California News || Lifestyle News || National news || Travel News || Health News

Related Articles

Back to top button