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moonshinegnomie

(2,513 posts)
Thu May 2, 2024, 06:15 PM May 2

oil company exec was colluding with opec

Pioneer natural resources is one of the largest independend oil companies.
exxon is buying them out and teh deal is closing tomorrow
teh FTC just blocked the head of pioneer from joining exxons board stating he was colluding with representatives of OPEC to reduce oil and gas output to increase prices at the pump and inflate Pioneer’s profits

if convicted he should be fined every last cent of his net worth. plus serve decades in prison.
maybe that will teach top corp execs a lesson not to crime

https://www.cnbc.com/2024/05/02/ftc-accuses-ex-pioneer-ceo-of-colluding-with-opec-blocks-him-from-exxon-board.html

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oil company exec was colluding with opec (Original Post) moonshinegnomie May 2 OP
Hope he is convicted - more than likely just the tip of the iceberg. walkingman May 2 #1
Bet there are more than one. spanone May 2 #2
i'm shocked i tell you! shocked! Takket May 2 #3
Me too! And that oil oligarchs are conspiring internationally! DJ Synikus Makisimus May 2 #4
4. Me too! And that oil oligarchs are conspiring internationally!
Thu May 2, 2024, 07:26 PM
May 2

National borders are only useful when they increase profits.

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