TODAY: Attorney General Becerra Takes Action Against Transaction That Could Raise Gas Prices for California Families

  1. Press Release
  2. TODAY: Attorney General Becerra Takes Action Against Transac…
Thursday, July 20, 2017
Contact: (916) 210-6000, agpressoffice@doj.ca.gov

*** 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. 

WHO:

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

WHEN:

Today, Thursday, July 20

11:00 AM

WHERE:

Corner of Claremont Blvd. & Ulloa Street

San Francisco, CA 94127

RSVP:

To RSVP, please email agpressoffice@doj.ca.gov.

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