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.
Do you have a reliable citation for this claim besides someone’s YouTube video?
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
Maybe they should post a more credible source first the next time then.
That’s because the onus lies on the claimant.
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
Dude, it’s OPEC. Are you serious? That’s literally all they do.