this post was submitted on 29 May 2024
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United States | News & Politics

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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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[–] atzanteol 31 points 6 months ago (1 children)

Well... OPEC is literally a cartel created to do exactly that.

[–] [email protected] 12 points 6 months ago (2 children)

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

[–] [email protected] 14 points 6 months ago

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

[–] Syntopicon 5 points 6 months ago

With blackjack and hookers!