abrasivesaint Posted May 3 Share Posted May 3 The antitrust agency says it found evidence Sheffield sought to communicate with OPEC and US peers about oil pricing and output, potentially driving up costs for consumers. The FTC says its order will prevent Sheffield from engaging in “collusive activity” that could drive up crude prices and force US consumers to pay higher fuel prices. The agency says he exchanged hundreds of text messages with OPEC representatives and officials about the oil market. https://fortune.com/2024/05/02/exxon-pioneer-merger-ftc-claim-collusion-texas-opec/ https://amp.cnn.com/cnn/2024/05/02/energy/oil-ceo-opec-scott-sheffield https://www.reuters.com/markets/deals/us-ftc-order-bans-exxon-mobil-pioneer-natural-resources-deal-2024-05-02/ Quote Link to comment Share on other sites More sharing options...
KILZ FILLZ Posted May 3 Share Posted May 3 Smh my head Quote Link to comment Share on other sites More sharing options...
ndv Posted May 3 Share Posted May 3 Nothing new though. He isn't the first to fo this in the industry or his character in any industry. Personally Bush amd Chenney drove the prices far more higher in all of history. So guys like this just following pursuit is just making a problem for himself all while Bush and chemmey getting even more rich. Quote Link to comment Share on other sites More sharing options...
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