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BOMBSHELL: U.S. Oil Companies Colluded to Raise Gas Prices (www.youtube.com)

submitted 1 year 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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[–] blusterydayve26@midwest.social 12 points 1 year ago (2 children)

Yes, but this is American Cartels. We can have them, too, and ours are better! 😡

[–] Sgt_choke_n_stroke@lemmy.world 14 points 1 year ago

Oligarchs come from the beet patches of Russia, otherwise it's sparkling billionaires

[–] Syntopicon@sh.itjust.works 5 points 1 year ago

With blackjack and hookers!