Viewpoints: Bill focuses on gas price manipulation

Screen shot 2013-09-03 at 5.28.45 PM By Robert McCullough, The Sac Bee
August 31, 2013

California, we have a fuel problem.

Over the past two years, California gas prices have continued to soar, sparking some of the highest prices in the nation.

Oil companies are quick to point the finger at supply and demand, oil markets or the state’s clean air laws as causes for recent spikes, but don’t be fooled. These reasons merely serve as smokescreens to a much larger problem facing consumers at the pump – potential price manipulation.

However, for those concerned about gasoline following the oil price spike over the past few days, there’s possible relief in sight.

High Oil Prices Pump Up Concern

By Charlie Feder

Monday, July 29, 2013

Summer is under way, with its barbecues, parades, beach trips – and higher gas prices. And Angelenos recently found themselves paying a dizzying 11 cents more for every gallon – in an area that already ranks among the top five in the nation for high gas prices.

As a business owner who operates an all-natural gas fleet, we will avoid the fluctuations of summer gas prices, but our customers will feel the impacts.

Meanwhile, with $44 billion in profits last year, the oil companies’ grip on the industry affects our personal savings and business operations, and the nation’s economy. To be sure, gas prices rise and fall for many reasons, but one dangerous constant is that here in California, in particular, large oil companies are increasingly consolidated, reducing competition and generating concerns that consumers have ever-fewer defenses.