URGENT ACTION NEEDED: Big Oil giants ExxonMobil and Chevron are trying to get even more powerful by buying up other major fossil fuel companies! Your gas prices could go up as a result!

In just the last quarter, the companies had combined profits of more than $15 BILLION!  Even as they roll in the dough, Big Oil executives want even more. ExxonMobil and Chevron have initiated two of the largest petroleum deals in U.S. history, which would reduce competition and could give the green light to hike prices even higher. This is corporate consolidation on steroids!

ExxonMobil’s and Chevron’s deals likely violate anti-trust laws – and that’s why we need your help to urge the Federal Trade Commission to investigate and BLOCK these acquisitions! Please, Friend, tell the FTC to STOP this Big Oil mega-merger!

As Big Oil companies like ExxonMobil and Chevron get bigger, they wield even more political power. We already know that our political system is crawling with fossil fuel lobbyists pushing to suck every last drop of oil from the Earth even as our planet catches fire. Imagine how much worse it could get if those companies got more resources. Fossil fuel lobbyists would double down harder to undermine our democratic processes, thwarting government clean energy initiatives at every turn.

Here’s the bottom line, Friend: letting corporate dirty energy giants eliminate or buy out the competition is a dangerous game. 

The fossil fuel industry was widely condemned for price gouging during the covid pandemic. Would you really be surprised if they took advantage of this moment too? You might start seeing higher prices at the pump. But you can help STOP these mega-mergers right now! Stand up to Big Oil and sign the petition demanding the FTC stop ExxonMobil’s and Chevron’s dangerous mergers!

Standing with you,
Karen Orenstein
Climate and Energy Justice Program Director,
Friends of the Earth

 
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