A new report from Consumer Watchdog reveals that since California’s record gasoline price spike began in February, Californians have paid $4.8 billion more than the rest of the nation for regular gasoline. (Chuck Bennett/Torrance Daily Breeze/File)
By Kevin Smith, San Gabriel Valley Tribune
Posted: 08/05/15 – 7:12 PM PDT |
BY THE NUMBERS
A new report from Consumer Watchdog shows that Californians are getting gouged at the pump.
- Californians have paid more than $4.8 billion more than the rest of the country for regular gasoline since the price spike began in February.
- Refiner margins — the amount of money they collect for each gallon of gasoline — set a record for California in July at $1.61 for branded stations.
- Valero’s California profits hit $294 million during the second quarter of 2015 — 11 times more than a year earlier.
- Californians often pay $1 more per gallon for gas than the national average.
Source: Consumer Watchdog
Southland motorists are used to getting gouged at the pump.
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