Everyone knows gas prices are high — but do you know why they’ve stayed this high for so long? Collusion.
When Pioneer Natural Resources, the largest oil company in Texas, tried to merge with ExxonMobil, the Federal Trade Commission (FTC) discovered evidence that Pioneer was illegally colluding with OPEC, the oil cartel that includes Iran, Iraq, and Saudi Arabia, to keep prices high.
US oil producers are explicitly prohibited by federal law from price fixing and from taking actions that restrict competition.
But Pioneer CEO and GOP mega-donor Scott Sheffield was caught red-handed coordinating production strategies in private messages to Oil Ministers in the Middle East, to keep prices artificially high.
People across the country who are struggling to make ends meet are continuing to spend thousands of dollars more per year on gas prices at the pump, as well as higher prices for other goods and services due to these artificially high oil prices.
The corporate greed and collusion causing this must be put to an end ASAP.
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In solidarity,
Justice Democrats
Not authorized by any candidate or candidate’s committee.
JusticeDemocrats.com
1390 Columbia Ave #261
Lancaster PA 17603
Email us: us@justicedemocrats.com
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