Gas Price Fixing Scandal Grows as Another US Oil Exec 'Caught Colluding With OPEC'.......HIGH GAS PRICES?
TRUMPERS BELIEVE THE LIES & NEVER ASK FOR ANSWERS!
THIS ARTICLE IS FROM SEPTEMBER 2024...THERE ARE OTHER SIMILAR
ARTICLES EXPLAINING COLLUSION & PRICE GOUGING....
HOW ABOUT ALL OF THE STOCK BUYBACKS TO AVOID TAXES & INCREASE THE SHARE PRICES?
THE U.S. ENERGY INFORMATION ADMINISTRATION PROVIDES A
GREAT DEAL OF INFORMATION, EXPLANATION& HISTORY....YOU
JUST NEED TO LOOK IT UP!
US ENERGY INFORMATION ADMINISTRATION
US ENERGY INFORMATION AGENCY
excerpts:
The FTC's complaint marks the second time since May that an oil executive has been accused of collusion and price fixing to ensure Americans would continue paying high prices for gas, adding an estimated $500 per year, per vehicle, in fuel costs for the average U.S. household.
Democratic lawmakers have demanded a probe by the Department of Justice into collusion by fossil fuel companies, following the FTC's revelation that Scott Sheffield, founder of Pioneer Natural Resources, communicated with OPEC representatives via text messages, WhatsApp, and in person to encourage high oil prices.
"The FTC is lifting the veil on an effort, apparently by multiple U.S. oil companies, to communicate with foreign actors to artificially raise energy prices for American families and around the world. We reiterate the call for Congress to immediately hold hearings to investigate illegal conduct by Big Oil."
REPUBLICANS BOUGHT & PAID FOR!
OPEN SECRETS IS PUBLIC & THE INFORMATION IS AVAILABLE!
excerpts:
U.S. House Majority Leader Steve Scalise received a $40,000 campaign donation from the political action committee of a Big Oil CEO who allegedly colluded with the Organization of Petroleum Exporting Countries to drive up energy prices, the watchdog Accountable.US noted Monday.
Scalise (R-La.)—who has made opposing efforts to protect public lands from fossil fuel drilling a top legislative priority—took the money from the Williams Companies PAC, whose board includes Pioneer Natural Resources CEO Scott Sheffield, who was accused last month by the U.S. Federal Trade Commission (FTC) of holding private conversations with the OPEC cartel in which he allegedly assured members that his company would throttle production, creating an artificial scarcity in a bid to boost oil prices.
The majority leader ranks fourth among all House lawmakers in 2023-24 campaign contributions from oil and gas interests, according to the watchdog OpenSecrets. His $325,833 in Big Oil contributions trails only Rep. August Pfluger (R-Texas), who took $572,421; former House Speaker Kevin McCarthy (R-Calif.), who received $335,399; and House Speaker Mike Johnson (R-La.), who got $328,019.
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