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DeepNewz, mobile.
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US shale companies are facing allegations of collusion over oil prices, with class action lawsuits and regulatory scrutiny following claims of collusion with OPEC to keep oil prices high. The FTC found evidence of collusion between US producers and OPEC, leading to increased oil prices from 2021-2023, costing Americans $500-1000 per year.
🚨ICYMI: @FTC released evidence confirming the high price of oil from 2021-2023 was due to collusion between US producers and OPEC. This HUGE conspiracy cost each American $500-1000 per year, according to our estimates. Our new factsheet breaks it down.👇 https://t.co/E1agBtWSQF https://t.co/H5XTgZdbcC
A short 🧵that captures so much about US politics. Over a week ago, the FTC found that a scumbag oil guy (& huge Trump donor) colluded with OPEC to keep oil prices high. https://t.co/ogG8SVVLPK
US shale companies face barrage of class action lawsuits accusing them of collusion over oil price following similar claims by US antitrust regulators https://t.co/KelKcMQBfU via @ft @mylesmccormick_