San Francisco Chronicle: Bill to fight gas-price manipulation
OpEd by: Shannon Baker-Branstetter
May 23, 2013
There are some things you can count on during the summer months in San Francisco: morning fog, Giants baseball and, unfortunately for drivers, rising gas prices.
We know that weather and a dedicated fan base drive the first two, respectively. As for gas prices, the answer is debatable.
What we do know is that large oil companies hold a tremendous amount of power in California. Oil giants like Chevron, Valero and Tesoro have a virtual hold on the market, controlling supply, production and, ultimately, the price you pay for gas at the pump.