TODAY: Attorney General Becerra Takes Action Against Transaction That Could Raise Gas Prices for California Families
*** FOR PLANNING PURPOSES ONLY ***
SAN FRANCISCO – California Attorney General Xavier Becerra will hold a press conference today at 11:00 AM to announce action against a proposed asset sale that could lead to higher gas prices for California families. Valero Energy Corporation is attempting to acquire the petroleum terminal in Martinez from Plains All American Pipeline. If this transaction is approved, all three critical petroleum terminals in Northern California would be controlled by refineries, which raises significant competitive concerns.
Attorney General Xavier Becerra
Severin Borenstein, E.T. Grether Professor of Business Administration and Public Policy, Haas School of Business, and a Research Associate of the Energy Institute
Today, Thursday, July 20
Corner of Claremont Blvd. & Ulloa Street
San Francisco, CA 94127
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