As we speak, dirty energy behemoth ExxonMobil is buying a Texas oil company
called Pioneer Natural Resources for $60 billion.

In approving the deal — the largest oil industry merger in two decades —
officials at the Federal Trade Commission (FTC) have barred Pioneer’s former
CEO, Scott Sheffield, from serving on the board of ExxonMobil.

Why?

Because he allegedly tried to collude with OPEC — the Organization of the
Petroleum Exporting Countries — to inflate oil and gas prices, harming millions
upon millions of American consumers.

In fact, the FTC has reportedly referred its allegations to the Department of
Justice for potential criminal investigation.

Here’s what Tyson Slocum, director of Public Citizen’s Energy Program, told the
media about this latest corporate outrage:

Congress must immediately hold hearings on Big Oil’s alleged collusion with OPEC
to raise gasoline prices for Americans. The accusations that will reportedly be
included in the FTC’s consent decree are explosive, pointing to efforts that
would undermine the proper functioning of the global market for oil, raising
prices for American consumers.

Congress must not only investigate Pioneer’s alleged role in conspiring with
OPEC, but whether there existed a broader conspiracy by U.S. oil companies to
collude with OPEC nations. Big Oil must be held accountable for any conspiracy
by or among American oil companies and OPEC members.

Tell Congress: [[link removed]]

Congress must hold hearings immediately on Big Oil’s alleged collusion with OPEC to
raise gasoline prices for Americans. Big Oil must be held accountable for any
conspiracy by or among American oil companies and OPEC members.
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For progress,

- Robert Weissman, President of Public Citizen


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