The FTC uncovered a series of texts between Pioneer Natural Resources CEO Scott Sheffield and OPEC officials agreeing to limit oil production to raise prices.
They raked in huge profits, while their scheme cost consumers $200 billion a year in higher prices.
That’s about $3000 a year per family.
Yeah I was thinking the same thing, but at the same time I would also expect something like this to be covered in an article somewhere, otherwise it just feels like someone screeching about perpetual motion motors.
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