A group of U.S. lawmakers is urging the Department of Justice (DOJ) to investigate potential price fixing and antitrust conspiracies in the oil and gas market. The call for investigation follows evidence uncovered by the Federal Trade Commission (FTC) suggesting possible collusion among U.S. oil producers, OPEC, and OPEC+. Senate Majority Leader Chuck Schumer emphasized the need for the DOJ to act, stating that the American people deserve to know if Big Oil executives are conspiring to illegally raise prices at the pump. The investigation is being closely watched by market participants, including those following the #OOTT and $USO.
GROUP OF U.S. REPRESENTATIVES ASK JUSTICE DEPARTMENT TO PROBE 'POTENTIAL ANTITRUST CONSPIRACIES' AMONG U.S. OIL PRODUCERS, OPEC AND OPEC +
GROUP OF U.S. REPRESENTATIVES ASK JUSTICE DEPARTMENT TO PROBE 'POTENTIAL ANTITRUST CONSPIRACIES' AMONG U.S. OIL PRODUCERS, OPEC AND OPEC + -STATEMENT
LOL *LAWMAKERS URGE DOJ TO PROBE OIL AND GAS PRICE FIXING AT OPEC
#OOTT | US Lawmakers Urge DoJ To Probe Oil & Gas Price Fixing At #OPEC
Lawmakers are urging the Department of Justice to launch an investigation into potential price fixing in the oil and gas market by OPEC. #Petition #AntiTrust
LAWMAKERS URGE THE DOJ TO PROBE THE OIL AND GAS PRICE FIXING AT OPEC.
LAWMAKERS URGE DOJ TO PROBE OIL AND GAS PRICE FIXING AT OPEC $USO
We’re calling on the DOJ to investigate Big Oil after the FTC uncovered evidence of price fixing and collusion. The DOJ needs to investigate. The American people deserve to know if Big Oil execs are conspiring with each other or with OPEC to illegally raise prices at the pump. https://t.co/mertT8bJNL