California Oil Refiners' Profit Margins Explode in April To $1.24 Per Gallon, says Consumer Watchdog

SACRAMENTO, Calif., June 17, 2026 /PRNewswire/ -- California oil refiners reported gross profits margins of $1.24 per gallon in April based on new data released by the California Energy Commission (CEC) under SB 1322, legislation passed in 2022 by Senator Ben Allen. By contrast, oil...