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CA’s Big 5 Oil Refiner Profits Top $26 Billion, $1 Per Gallon; Watchdog To Make Case For Profits Disclosure Bill And Windfall Profits Tax To Assembly Gas Pricing Committee

Posted on August 10, 2022 By No Comments on CA’s Big 5 Oil Refiner Profits Top $26 Billion, $1 Per Gallon; Watchdog To Make Case For Profits Disclosure Bill And Windfall Profits Tax To Assembly Gas Pricing Committee

LOS ANGELES, Aug. 10, 2022 /PRNewswire/ — A review of California’s five big oil refiners’ investor reports from the second quarter shows unprecedented, windfall profits that top $1 per gallon. Consumer Watchdog reported that the state’s five big oil refiners, that make 97% of the…

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