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Democratic senators seek probe of allegations of collusion between OPEC and oil industry
U.S. Senate Majority Leader Chuck Schumer and 22 other Democratic Senators on Thursday asked the Attorney General to investigate allegations of collusion and price fixing between the oil industry and the Organization of the Petroleum Exporting Countries (OPEC).
Democrats Urge Justice Department to Prosecute Alleged Collusion and Price-Fixing by Oil Industry
Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Justice Department to prevent and prosecute alleged collusion and price-fixing in the oil industry
Hill Democrats ask Justice Department to probe oil industry for alleged price fixing
In response to the Democrats' claims, the American Petroleum Institute said that the record-high production the industry achieved last year stabilized prices worldwide, despite production cuts from OPEC.
Senate Democrats Open Inquiry Into Trump’s $1 Billion Request of Oil Industry
Two committees are seeking information from oil executives about a dinner where, the lawmakers say, the former president proposed a quid pro quo.
Senate Democrats accuse oil companies of collusion with OPEC, demand DOJ investigation
Nearly two dozen Democratic senators, led by Majority Leader Chuck Schumer, D-N.Y., wrote a letter to the Justice Department urging a probe of alleged collusion between the oil industry and OPEC.
Schumer and 22 fellow Senate Democrats urge Justice Department to crack down on oil-price fixing
Letter to DOJ comes in wake of launch of probe into whether Trump promised oil executives favorable policy outcomes if they donate to his campaign and he wins the presidency.
Senate Democrats reignite Big Oil price gouging claims as Schumer pivots to 2024
Two dozen Senate Democrats on Thursday renewed calls for the oil industry to be investigated for the possibility of collusion and price fixing, this time by Attorney General Merrick Garland. The latest endeavor comes after the Federal Trade Commission greenlighted a $64.
US Democrats Call For Criminal Probe Into Big Oil Price-fixing
Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing.
Senate Dems call for probe of Big Oil over price-fixing allegations
Welcome to The Hill’s Energy & Environment newsletter{beacon} Energy & Environment Energy & Environment The Big Story Senate Dems call for probe of Big Oil over
Live Science
1d
The 165-year reign of oil is coming to an end. But will we ever be able to live without it?
Like whale blubber, oil as a dominant source of energy will gradually be phased out over the next decades. Here's what that ...
3d
on MSN
As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation—’the bigger the company is, the more money they m…
What’s causing the industry’s merger surge? “The Permian Basin, the Permian Basin, and the Permian Basin,” says one CEO.
2d
on MSN
The oil and gas industry has been lying about global warming for decades—accountability is long overdue
The science is clear: the planet is warming at an alarming rate and we need to reduce global greenhouse gas emissions.
2d
on MSN
This $22.5-Billion Oil Company Acquisition Could Pay Big Dividends for Investors
Since resetting its dividend in 2016, ConocoPhillips has grown its payout by 132%. Its fourth-quarter boost will push its ...
11d
Biden and Big Oil Had a Truce. Now, It’s Collapsing.
Fossil fuel companies enjoyed record profits under President Biden. But his decision to pause permits for gas export ...
Crude Oil Prices
2d
What Does the Reimposition of U.S. Sanctions Mean for Venezuela’s Oil Industry?
The reimposition of U.S. sanctions on Venezuela’s oil industry in response to anti-democratic actions taken by President ...
9d
on MSN
Trump just made more promises to oil industry campaign donors
The pledges to oil executives came a day before Senate Democrats launched a probe of Trump seeking $1 billion in donations ...
TrendyDigests on MSN
20h
Big Oil's Climate Deception: A Revealing Tale of Disinformation and Doublespeak
The oil industry’s reputation has taken yet another hit with recent discoveries exposing decades of climate change ...
Crude Oil Prices
9d
Trump Rakes in Millions from Oil Industry, Outpaces Biden in Campaign Funds
The oil industry is contributing millions to the Trump presidential campaign, helping the Republican candidate top his rival ...
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