Investor Data For 20 Years Shows CA Oil Refiners Tripled Their Average Annual Profits From 32 Cents Per Gallon To $1.01; Windfall Profits Rebate Estimate for 2022 About $1 Billion Already, says Consumer Watchdog

LOS ANGELES, Oct. 20, 2022 /PRNewswire/ — A review of oil refiner shareholder reports shows California oil refiners made an average of 32 cents per gallon annually from 2001 – 2021 compared to unprecedented profits of between 79 cents per gallon and $1.01 per gallon in the second quarter…