23 Senate Democrats, led by Schumer, request Justice Department investigation of oil companies for potential collusion and price-fixing, alleging $500 annual fuel cost increase for average American households.
Senate Majority Leader Chuck Schumer and 23 other Senate Democrats have urged the Justice Department to investigate potential collusion and price-fixing among major oil companies. This call comes after the Federal Trade Commission's allegation of price-fixing involving a US oil executive and OPEC officials. The senators believe that such activities might have increased the average American household's annual fuel costs by up to $500 per car.
May 30, 2024
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