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California attorney general sues gas trading companies, alleging price manipulation
Los Angeles Times: California sued two gasoline trading firms on Monday, alleging that they took advantage of market disruptions from a 2015 refinery explosion in Torrance by improperly driving up the price that motorists pay at the pump and gaining windfall profits.
The lawsuit was filed by state Atty. Gen. Xavier Becerra, who seeks an injunction and monetary damages against Vitol Inc. and SK Energy Americas.
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