A group of House Democrats have called on the Department of Justice to launch a probe into the oil industry, accusing the two largest U.S. energy companies of a conspiracy to keep fuel prices high. In a letter sent to the Department of Justice by Rep. Jerrold Nadler and signed by nine more House members, the group claimed that the record profits that Exxon and Chevron reported last year were proof they were conspiring against Americans by keeping fuel prices high.
oil companies are colluding with each other and foreign cartels to manipulate global oil markets and harm American consumers who then pay more at the pump, Congress and the American people deserve to know.” The OPEC collusion accusation follows charges leveled at the former CEO of Pioneer Natural Resources by the Federal Trade Commission during Exxon’s takeover of the company.