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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.”

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

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.”

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.

Activism

LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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Activism

Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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Activism

Stop-the-Hate Message Shared with Tens of Thousands at Calif’s Largest Black-Themed Street Festival

Hundreds of thousands gathered at the 19th annual Taste of Soul Festival in Crenshaw — an event dubbed “California’s largest block party” — on Oct. 19. At the event, California Black Media (CBM) partnered with the California Civil Rights Department (CRD) to spread the word about the California Vs. Hate, a statewide hate crime online resource and telephone hotline, launched in 2023.

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Office of the Civil Rights Staff and CBM Representative. Courtesy Photo.
Office of the Civil Rights Staff and CBM Representative. Courtesy Photo.

By Tanu Henry, California Black Media  

 Hundreds of thousands gathered at the 19th annual Taste of Soul Festival in Crenshaw — an event dubbed “California’s largest block party” — on Oct. 19.

At the event, California Black Media (CBM) partnered with the California Civil Rights Department (CRD) to spread the word about the California Vs. Hate, a statewide hate crime online resource and telephone hotline, launched in 2023.

“Held in the heart of south Los Angeles on Crenshaw Blvd, over half a million people attend the one-day event that brings out the best our community has to offer,” said Brandon Brooks, Stop the Hate project director at California Black Media.

The festival promotes local businesses as well as it brings out local and statewide resources to assist community members, Brooks continued. “The day has proven to be a great opportunity to speak to people directly and provide information to combat hate crimes and incidents.”

During the event, Brooks said he, James Williams, Community Based Organization Manger for California Vs. Hate and Leah Brown-Goodloe from CBM informed and shared literature with tens of thousands of festivalgoers about the state’s Stop the Hate resources.

CBM’s Stop the Hate outreach was held at the beginning of United Against Hate Week (UAHW), a commemoration held annually across the country to recognize the fight against all forms of hate.

UAHW was first launched in 2018 by elected leaders, staff, and community groups from 13 cities in the Bay Area who organized a “United Against Hate” poster campaign responding to White supremacists marching in Northern California streets in the aftermath of Charlottesville riots.

In 2018, Los Angeles County, LAvsHate, a campaign that provided anti-hate crime information and resources to report hate incidents and hate crimes.

According to CRD director Kevin Kish, the L.A. initiative provided a model for the state’s program.

Today, UAHW has grown into a national movement with events organized across the country to mark the day.

In June, California Attorney General Rob Bonta released the2023 Hate Crime in California Report. According to the report, hate crimes in California decreased by 7.1% from 2,120 in 2022 to 1,970 in 2023.

However, incidents and crimes against Black Californians remained higher than average with 518 reported cases in 2023.

When it comes to reported hate crimes, we know that Black Californians are the most targeted group for hate and discrimination in our state,” said Williams.  “The California Civil Rights Department wants people to know that we are committed to reaching the Black community through outreach events and campaigns, including our first-ever billboard campaign, forging new partnerships, or increasing awareness about the hotline and available resources to historically hard-to-reach and underserved Californians.”

Williams said he wants to remind all Californians that there is “support when you report!”

“No matter your background or where you come from, if you’ve been targeted for hate, you can get help accessing legal, financial, mental health, and other services by calling 833-8-NO-HATE or by going to CAvsHate.org,” Williams added.

How To Report A Hate Crime:

CA vs Hate is a non-emergency, multilingual hate crime and incident reporting hotline and online portal. Reports can be made anonymously by calling (833) 866-4283, or 833-8-NO-HATE, Monday to Friday from 9 a.m. to 6 p.m. PT or online at any time.

For more information on CA vs Hate, please visit CAvsHate.org.

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