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BOMBSHELL: U.S. Oil Companies Colluded to Raise Gas Prices (www.youtube.com)
submitted 7 months ago by exanime@lemmy.world to c/usa@lemmy.ml
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The FTC uncovered a series of texts between Pioneer Natural Resources CEO Scott Sheffield and OPEC officials agreeing to limit oil production to raise prices.

They raked in huge profits, while their scheme cost consumers $200 billion a year in higher prices.

That’s about $3000 a year per family.

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[-] DragonTypeWyvern@midwest.social 16 points 7 months ago* (last edited 7 months ago)

https://www.commondreams.org/news/exxonmobil-pioneer

https://www.sierraclub.org/press-releases/2024/05/sierra-club-reaction-pioneer-collusion-opec

https://www.texasstandard.org/stories/exxon-mobil-pioneer-oil-executive-scott-sheffield-barred-from-board-ftc-opec-collusion/

https://www.cnn.com/2021/11/17/politics/biden-high-gas-prices-ftc-letter/index.html

It's like you didn't look for one second yourself or check their listed sources or ANYTHING

[-] atzanteol@sh.itjust.works 4 points 7 months ago

Maybe they should post a more credible source first the next time then.

[-] acockworkorange@mander.xyz 1 points 7 months ago

That’s because the onus lies on the claimant.

[-] Juice@midwest.social 7 points 7 months ago

The FTC chairman is interviewed in the first 60 seconds of the video. It's bad faith to waste someone else's time when the source provided is well documented. No investigation, no right to speak

this post was submitted on 29 May 2024
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