These mega-mergers will very likely reduce competition in the oil and gas industry, leading to even higher prices for consumers, worse labor conditions for workers, and a dangerous concentration of power in a dangerous industry.
Let’s just look at Exxon for a moment. Exxon knew about the climate crisis in the 1970s, but that didn’t stop the oil giant from continuing its fossil fuel production. Exxon’s predictions about warming temperatures were “remarkably accurate. Despite having this knowledge, Exxon kept on drilling for oil AND publicly cast doubt on climate science for years.
Exxon and Chevron are ramping up fossil fuel production at a time when the science and the reality of climate change are clear. We can’t let Big Oil giants get even more powerful as the climate crisis intensifies.
Add your name: Put consumers, workers, and the environment first. Stop Exxon and Chevron’s Big Oil mega-mergers.
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