Oil Companies

Chevron refinery in Richmond. (Justin Sullivan/Getty Images)

Consumer Group Accuses Oil Refineries Of Manipulating Gas Prices Higher, Urges Investigation

A consumer group is calling on the state attorney general to investigate what it calls a gouging of customers at the gas pump.


Gas Prices

Consumer Watchdog: Oil Companies Keep CA Gas Prices High By Sending Gas Offshore To Keep Supply Low

Consumer Watchdog says by keeping supplies artificially low, refiners keep prices high and are making a killing.


A Chevron sign at a Bay Area gas station. (CBS)

Chevron 1st Quarter Profits Rise To $6.47 Billion

Chevron Corp. said Friday that profits rose 4.2 percent in the first quarter as it sold oil for higher prices.


The Chevron Oil Refinery In Richmond. (AP Photo)

Chevron 2nd Quarter Profit Jumps 43 Percent To $7.7 Billion

Chevron reported its profit jumped 43 percent in the second quarter as higher oil and gasoline prices made up for a decline in oil production.

CBS San Francisco–07/29/2011

Senator Boxer Calls Out Big Oil Companies

California Senator Barbara Boxer is looking to reign in big oil companies to help with rising gas prices around the country.


Holiday shopping

Bay Area Consumers Rethink Holiday Shopping As Gas Prices Climb

Bay Area drivers recently found themselves paying more at the gas pump than they had in the past six months. It was particularly difficult news to stomach as consumers prepared to begin their holiday shopping for friends and loved ones.