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Gas prices flatten, but group says oil companies gouge drivers

2015-05-06 04:04:25| Energy - Topix.net

Gasoline prices in the Bay Area have flattened out after a recent price spike that prompted a consumer group to claim Tuesday that oil companies in California have taken advantage of the fuel markets to gouge consumers. Recent spikes in gasoline prices that occurred during the first three months of this year coincided with a geyser of profits for at least two oil companies in California, Valero and Tesoro, according to a study by Consumer Watchdog.

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