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Two companies agree to pay $50M over allegations they manipulated California gas prices

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Two companies agree to pay M over allegations they manipulated California gas prices


The California Attorney General’s Office on Wednesday announced a $50 million settlement over allegations that two gasoline trading firms secretly worked together and manipulated prices on the spot market for gasoline in Southern California in 2015.

The agreement is scheduled to go before San Francisco Superior Court Judge Y.S. Cheng on Aug. 2 to be finalized.

Pending the judge’s approval, the settlement wraps up four years of litigation between the Attorney General, Dutch multinational energy and commodity trading company Vitol, Korea-based SK Energy Americas and SK’s trading arm.

During that time, more than 2 million documents were exchanged and some 50 depositions were submitted among the parties.

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The dispute dates back to a lawsuit filed in May 2020, when the state accused Vitol and SK of taking advantage of market conditions after an explosion at a refinery in Torrance knocked off about 10 percent of the state’s gasoline supply. The lawsuit claimed the companies engaged “in a scheme to drive up gas prices for their own profit” by suppressing competition within the gas market, thus driving up prices for consumers.

The lawsuit accused Vitol and SK of trading small amounts of gasoline at high prices, with the intention of causing a spike in the prices of large volumes of gas sold in California’s fuel market.

Under the terms of the agreement, Vitol and SK will pay $12.5 million in civil penalties under California’s Unfair Competition Law and $37.5 million to the Attorney General’s office. Both companies no longer operate in the California gasoline trading market.

“Market manipulation and price gouging are illegal and unacceptable, particularly during times of crisis when people are most vulnerable,” Attorney General Rob Bonta said in a statement.

The Union-Tribune reached out to Vitol and SK to comment on the settlement but did not receive responses from either company by 5 p.m. Wednesday. In the agreement, there is no admission by Vitol or SK of legal wrongdoing.

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The Attorney General’s Office said the inflated price of retail gas affected 10 counties in Southern California — including San Diego County — between Feb. 20 and Nov. 10, 2015. Under the settlement, customers who purchased gas during that period may file a claim to receive a portion of the $37.5 million paid by Vitol and SK.

According to the Attorney General’s Office, the $37.5 million is currently sitting in escrow and can be tapped when and if the judge OKs the agreement.

Once that is done, a process will be put in place to notify customers how to file claims and access their respective shares of the $37.5 million payout. According to the settlement, notifications will include sending postcards to households and posting a link where customers can fill out claims.

The $12.5 million in civil penalties will go to a fund that supports the Unfair Competition Law, which includes paying the legal fees associated with bringing the case against Vitol and SK.

Over the course of the lawsuit, one expert called by the Attorney General’s Office estimated the higher price in gasoline attributed to Vitol and SK in 2015 came to $127.8 million.

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But the AG’s office said in the legal agreement that “a number of challenges and unsettled legal issues” could potentially reduce the monetary liability that Vitol and SK faced. The office cited the “difficulty of piecing together the actions of individuals nine years ago” and the “inherent risk of putting on a jury trial.”

Taking those factors into consideration, “the negotiated Settlement represents the best outcome for consumers,” the Attorney General’s Office said.

The high cost of gasoline has long been a hot political topic in California, most recently after drivers saw the average price of a gallon of regular soar past $6 during spikes in 2022 and 2023.

With the prodding of Gov. Gavin Newsom, the Legislature last year passed Senate Bill X1-2.

Hailed by the governor’s office as the “nation’s first price gouging law,” SB X1-2 created the Division of Petroleum Market Oversight to monitor the state’s crude oil and gasoline companies.

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The division’s director issued a statement after Wednesday’s settlement was announced.

“When oil companies manipulate markets to line their own pockets, California will hold them accountable, and I commend my former colleagues in the Department of Justice on seeing this landmark case through to a successful conclusion,” Tai Milder said.

SB X1-2 requires refineries to report maintenance schedules in advance and provide daily reports on the market and imports. In addition, the legislation gives the California Energy Commission authority to penalize oil companies if they exceed a “maximum gross refining margin.”

The details of what will trigger the penalty — the first of its kind in the U.S. — and when it will be enforced are still being worked out.



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San Diego, CA

San Diego Bishop Is Out of a Job

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San Diego Bishop Is Out of a Job



Pope Leo XIV has accepted the resignation of the Chaldean Catholic bishop of San Diego, California, a decision announced Tuesday by the Vatican after the bishop was arrested on embezzlement charges. The San Diego County Sheriff’s Office said last week it had arrested Bishop Emmanuel Shaleta on Thursday at San Diego International Airport as he tried to leave the country, reports the AP. The office said it acted after someone from Shaleta’s church provided a statement and documentation “showing potential embezzlement from the church.” Shaleta was being held on $125,000 bail on eight counts of embezzlement, money laundering, and aggravated white collar crime, the statement said. Shaleta pleaded not guilty on Monday, reports NBC San Diego.

“He was on his way to Germany,” prosecutor Joel Madero said. “Given his access to funds, the fact that he had over $9,000 in the bag when he was stopped, and the fact that he has these international ties … I do believe that some bail to ensure he shows up is appropriate.” There was no immediate reply to an email sent to Shaleta’s parish, St. Peter Chaldean Church, seeking comment and contact information for his attorney. The Vatican said in its daily bulletin Tuesday that Leo had accepted Shaleta’s resignation under the code of canon law for eastern rite churches that allows for the pope to agree if a bishop asks to step down.

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Leo actually accepted the resignation when Shaleta presented it in February, but an announcement was not made until Tuesday, according to the Vatican embassy in Washington. The Holy See appears to have waited to announce the decision to avoid interfering with the police investigation. Leo named Bishop Saad Hanna Sirop as a temporary administrator. Shaleta, 69, was ordained a priest of the Chaldean Catholic Church in Detroit in 1984. He was named to the San Diego branch of the eastern rite Catholic Church in the US in 2017.





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Padres roster review: Germán Márquez

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Padres roster review: Germán Márquez





Padres roster review: Germán Márquez – San Diego Union-Tribune


















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GERMÁN MÁRQUEZ

  • Position(s): Right-handed pitcher
  • Bats / Throws: Right / Right
  • 2026 opening day age: 31
  • Height / Weight: 6-foot-1 / 230 pounds
  • How acquired: Signed as a free agent in February 2026
  • Contract status: Will make $1 million in 2026 with a $750,000 buyout on a mutual option for 2027; can add up to $3.25 million in performance bonuses.
  • fWAR in 2025: 0.3
  • Key 2025 stats: 3-16, 6.70 ERA, 83 strikeouts, 48 walks, 1.71 WHIP, .317 opponent average, 126⅓ innings (26 starts)

 

STAT TO NOTE

  • 36.9 — The percentage of groundballs that Márquez yielded in 2025, a career low and significantly below his career average (48%). Márquez’s groundball rate was regularly above 50% before requiring Tommy John surgery in early 2023. He made one start in 2024 and struggled mightily while making 26 starts last year.

 

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  • Down — Márquez had a 4.40 ERA through his first seven years in the majors, not bad considering he pitched roughly half his games at one of the best hitting environments in the majors. In fact, Márquez has a 5.17 ERA in his career at Coors Field and a 4.22 ERA in road environments. But Márquez underwent Tommy John surgery early in 2023, made one start in the majors in mid-July in 2024 (4 IP, 3 ER) and struggled throughout his first full year back in the Rockies rotation. The season was so difficult for Márquez that he was actually worse on the road (7.32 ERA) than he was in 11 starts at Coors Field (5.98 ERA). His strikeout rate (5.9 per nine innings) and strikeout-to-walk ratio (1.73) were the worst of his careers, as was his walk rate (3.4 per nine innings), while his hit rate (12.0 per nine innings) was the second worst of his career. On top of that, Márquez’s groundball rate was also the lowest of his career (see stat to note) and ranked in the bottom 22nd percentile of the league and his hard-hit rate (48.5%) and average exit velocity (91.7 mph) both ranked in the bottom 2 percentile of the league. One reason: a 94.8 mph four-seamer is down a few ticks than the height of his effectiveness. Márquez reached free agency after the season and signed with the Padres in February.

 

2026 OUTLOOK

  • Márquez has a big-league deal with the Padres, but he’ll have to rediscover his pre-elbow-reconstruction form to hold onto a roster spot, as RHP Griffin Canning (Achilles) is expected to push for a spot at some point this season and the likes of LHP JP Sears, RHP Matt Waldron and minor league signees like Marco Gonzales could warrant looks if Márquez’s struggles continue into 2026.

 

German Marquez #33 of the San Diego Padres participates in drills during spring training workouts at the Peoria Sports Complex on Monday, Feb. 16, 2026 in Peoria, Ariz.(Meg McLaughlin / The San Diego Union-Tribune)

ROSTER RANKINGS

  • 1. OF Fernando Tatis Jr.
  • 2. 3B Manny Machado
  • 3. OF Jackson Merrill
  • 4. RHP Nick Pivetta
  • 5. RHP Michael King
  • 6. RHP Mason Miller
  • 7. OF Ramón Laureano
  • 8. SS Xander Bogaerts
  • 9. LHP Adrián Morejón
  • 10. RHP Jeremiah Estrada
  • 11. RHP Jason Adam
  • 12. 2B Jake Cronenworth
  • 13. RHP Joe Musgrove
  • 14. RHP Randy Vasquez
  • 15. OF Gavin Sheets
  • 16. LHP JP Sears
  • 17. RHP Yu Darvish
  • 18. RHP Bradgley Rodriguez
  • 19. RHP David Morgan
  • 20. C Freddy Fermin
  • 21. LHP Wandy Peralta
  • 22. C Luis Campusano
  • 23. LHP Yuki Matsui
  • 24. INF Sung-Mun Song
  • 25. RHP German Marquez
  • 26. RHP Matt Waldron
  • 27. OF Bryce Johnson
  • 28. OF/1B Nick Castellanos
  • 29. RHP Ron Marinaccio
  • 30. RHP Bryan Hoeing
  • 31. LHP Kyle Hart
  • 32. INF Will Wagner
  • 33. RHP Garrett Hawkins
  • 34. RHP Miguel Mendez
  • 35. RHP Daison Acosta
  • 36. RHP Ty Adcock
  • 37. RHP Alek Jacob
  • 38. INF Mason McCoy

 

Removed from 40-man roster

  • OF Tirso Ornelas (designated for assignment)
  • RHP Jhony Brito (60-day injured list)

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Blount named Head Basketball Coach at San Diego – HoopDirt

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Blount named Head Basketball Coach at San Diego – HoopDirt


In today’s Daily Dirt, I mentioned that the search at San Diego was done. Here’s the official announcement from USD on the hiring of JR Blount as their next head men’s basketball coach:

University of San Diego Athletics has named JR Blount the 15th head coach in San Diego men’s basketball program history, USD Associate Vice President and Executive Director of Athletics Kimya Massey announced on Monday. 

Blount arrives in San Diego with a reputation as one of college basketball’s rising coaching talents after helping lead Iowa State to four NCAA Tournament appearances in four seasons.

He joins the Toreros after five seasons on T.J. Otzelberger’s staff at Iowa State, where the Cyclones compiled a 95-45 record during his tenure, won the 2024 Big 12 Tournament Championship and reached the NCAA Tournament Sweet 16 in 2022 and 2024 — one of the most successful stretches in program history. Iowa State finished in the AP Top 15 in each of those four seasons and climbed as high as No. 2 nationally in each of the last two years. During the 2025-26 season, the Cyclones opened with a 16-0 start, highlighted by victories over No. 1 Purdue, No. 2 Houston, No. 9 Kansas and No. 14 St. John’s.

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“After a thorough and highly competitive national search, we are proud to welcome JR Blount as the next head coach of USD men’s basketball,” said Massey. “JR is an outstanding leader, a relentless competitor and one of the brightest rising coaches in college basketball. Even more importantly, throughout this process I came to know him as a humble leader with strong integrity and deep family values. JR has been a part of winning at every level of his career and understands what it takes to build a program that competes with toughness, discipline and consistency. Just as importantly, he believes in developing young men holistically and leading in a way that reflects the values of this university. 

“This is a pivotal moment for our program and JR’s vision aligns with our belief that San Diego men’s basketball should compete in the upper tier of the WCC and position itself to be a regular NCAA Tournament participant. We are excited about what lies ahead under his leadership.”

“As a product of Catholic education and deeply committed to USD’s mission and values, Coach Blount is an outstanding role model for the young men in our Torero basketball program,” said USD President James T. Harris III. “He brings an impressive resume with deep experience, a winning track record and — above all — a commitment to the overall wellbeing of our student-athletes.”

“I’m incredibly honored and grateful for the opportunity to lead USD men’s basketball,” Blount said. “We are so thankful to Athletic Director Kimya Massey and President Harris for this opportunity. This is more than just a coaching position for me — it’s a chance to become part of a community and build something meaningful. My wife and our three daughters are excited to make this move together and we can’t wait to invest in this university and the relationships that make it special. 

I come to USD with a deep desire to win — to compete relentlessly, to develop our young men to their fullest potential and to build a program our fans can be proud of. Winning championships is important, but so is building a culture of toughness, accountability and love. We’re going to work every day to represent USD the right way, on and off the court. I’m ready to get started.”

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Blount played a key role in Iowa State’s rise under Otzelberger, helping orchestrate one of the most significant program turnarounds in recent Division I history. In his first season with the Cyclones in 2021-22, Iowa State rebounded from a two-win campaign the year before to finish 22-13 and advance to the NCAA Tournament Sweet 16. The Cyclones quickly established a national reputation for defensive toughness, ranking among the nation’s best in scoring defense, defensive efficiency, steals and turnovers forced.

Over the next three seasons, Blount helped Iowa State sustain that momentum. In 2022-23, the Cyclones advanced to the NCAA Tournament and recorded nine wins over AP Top 25 opponents, tied for the most in school history. In 2023-24, Iowa State won the Big 12 Championship, finished 29-8, posted an undefeated 18-0 record at Hilton Coliseum and advanced to the Sweet 16. Most recently, the 2024-25 Cyclones finished 25-10, climbed as high as No. 2 in the Associated Press poll, earned another NCAA Tournament appearance and closed the season ranked No. 17 nationally.

Known for his work in player development, recruiting and culture-building, Blount has mentored multiple all-conference and All-America caliber players throughout his coaching career. At Iowa State, he developed some of the Big 12’s top performers while contributing to a program identity rooted in toughness, connectivity and competitive excellence.

Prior to Iowa State, Blount spent three seasons at Colorado State, where he helped elevate the Rams into one of the Mountain West’s top programs. During his tenure in Fort Collins, Colorado State signed the highest-rated recruiting class in program history and posted consecutive 20-win seasons, including a 20-8 finish and a run to the NIT semifinals in 2020-21. He also played a leadership role in Colorado State’s Together Initiative, which promoted social justice and racial equality on campus.

Blount also previously served in coaching roles at Drake and Saint Leo and began his collegiate coaching career as a graduate assistant at Wisconsin-Stevens Point, where the program won the 2010 NCAA Division III National Championship.

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A former three-year team captain and two-time team MVP at Loyola University Chicago, Blount later played professionally for the Leicester Riders of the British Basketball League during the 2010-11 season. He earned degrees in psychology and sociology from Loyola in 2009 and later received his master’s degree in education from UW-Stevens Point in 2012.

A native of Milwaukee, Blount and his wife, Ashley, have three daughters: Maya, Zuri and Gema.



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