Pallone Launches Investigation Into Reports of Oil Companies Colluding to Drive Up Gas Prices
May 22, 2024
May 22, 2024
WASHINGTON, May 22 -- Rep. Frank Pallone Jr., D-New Jersey, issued the following news release:
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. launched an investigation into seven oil and gas companies today, demanding answers for the behavior of crude oil producers as concerns grow that oil companies are illegally colluding to artificially inflate gas prices. The new probe comes in the wake of recent revelations from a Federal Trade Commission (FTC) investigation in . . .
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. launched an investigation into seven oil and gas companies today, demanding answers for the behavior of crude oil producers as concerns grow that oil companies are illegally colluding to artificially inflate gas prices. The new probe comes in the wake of recent revelations from a Federal Trade Commission (FTC) investigation in . . .