In a more than 100-page ruling, Judge Jinsook Ohta said there is not enough evidence of collusion to allow the case to proceed to trial
Escondido gas retailer files class-action lawsuit accusing oil companies of conspiring to keep prices high“After years of costly discovery, plaintiffs have zero evidence of this claimed agreement” between oil companies, they argued in briefs filed in advance of the hearing last spring.
Oil companies rejected the assertion that the agreements were designed to take advantage of pricing when refineries were down for maintenance or otherwise out of service. In one example from 2012, a BP trader allegedly disclosed confidential information in asking a counterpart from Shell if there was surplus gas available.
For years, California gas prices have remained stubbornly higher than the national average. The $6.41 average cost in California posted Tuesday by AAA was nearly 70 percent higher than the $3.81 national average. State Senate President Toni Atkins, D-San Diego, issued a statement with Assembly Speaker Anthony Rendon, D-Lakewood, pledging to explore a windfall profit tax when the legislature convenes early next year.
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