The FTC alleges that a major US oil exec colluded with OPEC to cut production and drive up prices.
Research found that Big Oil price fixing may have contributed to 27% of total inflation in 2021.
When I say corporate greed is driving inflation, this is what I mean.
Are you suggesting that oil executives like to make outsized profits while at the same time score political points against an administration that might restrain their ability to do so in the future?
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