Wirtz Law Blog

California residents who purchased gasoline in Southern California from February 20, 2015, and November 10, 2015, may now be eligible to receive compensation under a settlement addressing the illegal gas price manipulation. California Attorney General Rob Bonta has announced the state’s $50 million agreement with SK Energy Americas, Inc. and Vitol, Inc., following allegations that the companies affected market prices for gasoline during a critical period.

This settlement underscores California’s commitment to holding corporations accountable and protecting consumers. If you purchased gas in Los Angeles, San Diego, Orange, Riverside, San Bernardino, Kern, Ventura, Santa Barbara, San Luis Obispo, or Imperial counties during the eligible period, you may be entitled to a share of the settlement. While individual payouts depend on the number of claims submitted, this initiative represents a victory for consumers who suffered from this unlawful act. 

Understanding the Gas Price Manipulation Settlement

Attorney General Bonta revealed that the settlement with Vitol, Inc. and SK Energy Americas stemmed from accusations of price tampering during a volatile period for California’s gasoline market. By manipulating spot market prices, the companies allegedly caused unnecessary price spikes, adding to the financial strain on Californians already paying the nation’s highest gas prices.

Bonta’s office emphasized that this is unacceptable, mainly when consumers are most vulnerable. By resolving the matter with a $50 million payout, the state aims to deliver justice to Californians while sending a strong message about the consequences of such actions.

Residents who are eligible to submit claims include those who purchased gasoline in specific Southern California counties between February and November 2015. Claims can be filed online to streamline the process, ensuring that consumers can participate without unnecessary hurdles.

This case resonates with Californians because of its immediate impact and its parallels with other instances of corporate negligence. Similar to how the California Lemon Law ensures you are not burdened by a faulty vehicle, this settlement demonstrates that pursuing the right legal options can lead to meaningful results and fair outcomes.

Consumer Protections Highlighted by This Settlement

This settlement is part of a broader campaign to address corporate practices that harm California consumers. High gas prices in the state are already exacerbated by taxes, environmental regulations, and the limited number of refiners supplying fuel. In this context, the allegations of deliberate price manipulation are more significant.

California has historically taken a proactive stance on consumer protection, as evidenced by initiatives like the Lemon Law. Much like this settlement, the Lemon Law ensures that Californians are not left bearing the financial burden of corporate negligence. The settlement and Lemon Law remedies highlight the importance of strong legal measures to shield consumers from exploitation.

If you’ve experienced financial losses due to corporate misconduct—from manipulated gas prices or a faulty vehicle—you should seek legal assistance to explore your options. An experienced attorney can help you understand your rights and ensure you receive the compensation you deserve.

Why This Settlement Matters for Californians

California aims to rebuild trust in its gasoline market while encouraging ethical corporate behavior. State lawmakers are also taking steps to prevent similar issues in the future, such as advancing legislation to manage fuel inventories and stabilize gas prices during high-demand periods.

While these legislative efforts are promising, consumers should remain vigilant about protecting their rights. Corporate misconduct is not limited to one industry, and having a reliable advocate on your side can make all the difference. By acting now and submitting your claim, you’re securing your share of the settlement and supporting a broader movement toward accountability and transparency. 

Were You Affected by High Gas Prices in Southern California?

If you purchased gasoline between February and November 2015 in Los Angeles, Riverside, San Bernardino, San Diego, Orange, San Luis Obispo, Imperial, Kern, Ventura, and Santa Barbara counties, you may be eligible to claim a portion of the gas price manipulation settlement. To learn more about the settlement and to speak with an experienced gas price manipulation lawyer, reach out to Wirtz Law APC today. We offer free consultations and will not bill you for any of our services unless we can connect you with compensation.