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

submitted 6 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 4 points 6 months ago (1 children)

Of course they did, and they've been doing something similar for decades

[–] [email protected] 1 points 6 months ago

And other companies are doing the same while paying their CEOs ridiculous amounts of money that they definitely do not earn.