Activism

Californians Paid Higher Gas Prices as Oil Companies Made Massive Profits

In response to the blowback from reports of oil company profits, CEOs from Shell and Exxon have released statements acknowledging a need for change. Some have been more direct than others with their commentary. Shell CEO Ben van Beurden stated, “I think we should be prepared to accept that our industry will be looked at for raising taxes in order to fund the transfers to those who need it most.”

Published

2 years ago

November 20, 2022

Oakland Post

California drivers acknowledge gas prices are high, however many feel they don’t have reliable alternatives.

By Edward Henderson | California Black Media

Gas prices have a crippling hold on California drivers. As averages currently stand at $5.46 for regular and $5.80 for premium, what is the incentive for oil companies to lower their prices while their profits skyrocket?

California refiners Phillips 66 and Marathon reported profit increases up to 1,243% higher than last year. BP spent $2.5 billion on share buybacks; a strategy companies use to increase the value of individual shares when they know demand for their product will increase. These profits come despite the fact prices of crude oil are going down.

“Big oil is making record profits by ripping off Californians. They said high prices were because of war, state taxes and maintenance, but now we know that was all a facade – these high prices went straight to their bottom line,” said Gov. Gavin Newsom in a press release. “A price-gouging penalty will put these windfall profits back in the pockets of Californians.”

Newsom has done his part to help lower prices at the pump. His call for the early switch to winter-blend gasoline and demanding accountability from refiners and oil companies doing business in California decreased prices by 88 cents from record highs a few months ago. Republicans, however, believe a different approach needs to be taken.

Assembly Chief Clerk Sue Parker and Secretary of the Senate Erika Contreras received a formal request from Republican members of the Assembly and Senate to have the Legislature recalled for a joint recess to discuss pressing matters including the consideration of legislation to suspend the state gas tax, establishing a gasoline supply reserve, and expediting permits to increase supply.

The request was denied by Senate President Pro Tempore Toni Atkins (D-San Diego) in a letter citing that “significant time and resources” had been dedicated to the issue, including providing rebates to help with the cost of fuel and consumer goods.

These funds are currently being distributed to qualified residents. Atkins also cited that a reconvening of the Legislature would not leave enough time for any immediate aid since the California Constitution does not allow bills to be sent to the Governor’s desk after November 15.

For those who electronically filed their taxes in 2020 and received a refund by direct deposit, their payment will come via direct deposit before November 14. Golden State Stimulus, or GSS, recipients of 2021 are first in line to get their payments. Debit cards are being sent out in four groups organized in alphabetical order by last name. Remaining eligible recipients will receive payment through January.

Shell CEO Ben van Beurden stated, “I think we should be prepared to accept that our industry will be looked at for raising taxes in order to fund the transfers to those who need it most.”

Exxon CEO Darren Woods said “There has been discussion in the U.S. about our industry returning some of our profits directly to the American people. That’s exactly what we’re doing in the form of our quarterly dividend.”

California drivers acknowledge gas prices are high, however many feel they don’t have reliable alternatives.

Milan Finnie, 28, lives in the Mission District of San Francisco where gas has been between $5.50 and $6.39 a gallon. “There were places I wanted to go but gas was too expensive. I’ve started to hear that phrase a lot more often from friends as well. I remember feeling limited. It limits me from doing things I need to do and also extending myself for recreation,” Finnie told California Black Media.

Parking issues also caused a lot of extra driving for Finnie. San Francisco’s public transportation system provides some options. However, as a young Black woman walking alone, Finnie has experienced moments where she hasn’t felt safe.

“Depending on the time of the night, I don’t want to do that. The later it gets, the more people are prone to do something unpredictable. I try to keep a really open eye. In my neighborhood there is a high level of prostitution. I personally don’t feel comfortable being out late at night unless I’m extremely covered or accompanied by someone because I have been asked if I was ‘working.’ The safest thing would be to drive, but gas prices are high,” Finnie said.

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Activism

‘Respect Our Vote’ Mass Meeting Rejects Oakland, Alameda County Recalls

The mass meeting, attended mostly by members of local Asian American communities, was held in a large banquet room in a Chinese restaurant in Alameda. The Respect Our Vote (ROV) coalition, consisting of concerned community members and groups, is organizing meetings in Oakland and around Alameda County leading up to the November election.

Published

2 weeks ago

September 28, 2024

Oakland Post

Some of the leaders who spoke at the Respect Our Vote – No Recalls!” mass meeting were (left to right): Elaine Peng, Mariano Contreras, Pastor Servant B.K. Woodson, and Stewart Chen. Photo by Ken Epstein.

By Ken Epstein

A recently organized coalition, “Respect Our Vote – No Recalls!,” held a standing-room only mass meeting on Sept. 14, urging residents to vote ‘No’ on the two East Bay recalls funded by conservative billionaires and millionaires with the help of corporate media and instead to support the campaign to protect residents’ democratic right to choose their representatives.

The mass meeting, attended mostly by members of local Asian American communities, was held in a large banquet room in a Chinese restaurant in Alameda.

The Respect Our Vote (ROV) coalition, consisting of concerned community members and groups, is organizing meetings in Oakland and around Alameda County leading up to the November election.

Speaking at the meeting, prominent East Bay leader Stewart Chen said that local leaders, like Alameda County D.A. Pamela Price and Oakland Mayor Sheng Thao, worked hard to get elected, and our system says they get four years to carry out their policies and campaign promises. But rich people have “broken” that system.

Within two months after they took office, they were facing recalls paid for by billionaires, he said. “(Billionaires’) candidate did not get elected, so they want to change the system.”

“(Our elected leaders) were elected through the process, and the people spoke,” said Chen. “It’s the entire system that the billionaires are trying to (overturn).”

“If a candidate does something wrong or enacts a policy that we do not like, we let it play out, and in four years, we do not have to vote for them.

“The democratic system that we have had in place for a couple of hundred years, it needs our help,” said Chen.

Pastor Servant B.K. Woodson, a leader of the coalition, emphasized the diversity and solidarity needed to defend democracy. “We need each other’s wisdom to make our nation great, to make it safe. We are deliberately African American, English-speaking, Latino American, Spanish-speaking, and all the wonderful dialects in the Asian communities. We want to be together, grow together, and have a good world together.”

Mariano Contreras of the Latino Task Force said that people need to understand what is at stake now.

The recall leaders are connected to conservative forces that will undermine public education, and bilingual education, he said. “The people behind (the recalls) are being used by outside dark money,” he said. The spokespeople of these recalls are themselves conservatives “who are wearing a mask that says they are progressives.”

In 2017, Oakland passed an ordinance that gave teeth to its “Sanctuary City” policy, which was brought to the City Council and passed because it was supported by progressive members on the council.

“That would not be possible anymore if the progressive alliance – Sheng Thao, Nikki Fortunato Bas, and Carroll Fife – if they are pushed out,” he said.

Elaine Peng, president of Asian Americans for Progressive America, said, “I strongly oppose the recalls of Oakland Mayor Sheng Thao and Alameda County District Attorney Pamela Price.”

Citing statistics, she said Alameda County’s murder rate was higher when Alameda County D.A. Nancy O’Malley was in office, before Pamela Price was elected to that position.

“The recall campaign has been misleading the public,” said Peng.

She said Oakland is making progress under Thao. “Crime rates are falling in Oakland,” and the City is building more affordable housing than ever before and is creating more jobs.

Attorney Victor Ochoa said, this recall is “not by accident in Oakland – it is a political strategy.”

“There is a strategy that has been launched nationwide. What we’re seeing is oligarchs, (such as Phillip Dreyfuss from Piedmont), right wingers, conservatives, who can write a check for $400,000 like some of us can write a check for $10.”

“They aligned themselves with so-called moderate forces, but they’re not moderates. They align themselves with the money, and that’s what we have seen in Oakland.”

Ochoa continued, “You got to put up signs, you’ve got to talk to your neighbors, volunteer whatever hours you can, have a house meeting. That’s the way progressives win.”

Pecolia Manigo of Oakland Rising Action spoke about what it will take to defeat the recalls. “This is the time when you are not only deputized to go out and do outreach, we need to make sure that people actually vote.

“We need everyone to vote not just for the president, but all the way down the ballot to where these questions will be. Remind people to fill out their ballot, and mail it back.”

Former Oakland Mayor Jean Quan, who had herself faced a recall attempt, said, “In this recall, they used a lot of money, had paid signature gatherers, and they moved very fast. I talked to many of the people gathering signatures. They didn’t know what was going on. Many of them didn’t live in Oakland. It was just money for them.”

“Sam Singer, the guy who is their spokesperson, is a paid PR guy. He has media ties, so they’ve swamped the media against Sheng,” Quan said.

‘Oakland is… a city that implemented some of the first rent control protections in the country. So, developers and big apartment owners would love to get rid of rent control,” said Quan.

“We also established ranked-choice voting, which allows people with less money to coalesce and win elections,” she said. “That’s too democratic for people with big money. They would rather have elections the way they were.”