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    Authoritarianism is putting everything we value in danger

    Authoritarianism is putting everything we value in danger

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    Authoritarianism is putting everything we value in danger

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    Lina Khan speaks onstage during the Fast Company Innovation Festival 2024

    Lina Khan Accuses Trump FTC of Trying to Let Oil Exec 'Off the Hook' for Price Gouging Scandal

    As FTC chair, Khan stopped a fossil fuel CEO from "cashing in and joining Exxon's board," said one lawmaker. "Now, with Trump bending to the whims of Big Oil, he's considering overturning that punishment."

    Julia Conley
    May 06, 2025

    "So much for America First," said one progressive lawmaker on Monday regarding the Federal Trade Commission's new push to reverse a ban on two fossil fuel CEOs from serving on the boards of ExxonMobil and Chevron—the oil giants that were acquiring their companies.

    The FTC is accepting public comments until May 12 on a petition filed by former Pioneer National Resources CEO Scott Sheffield, which would set aside the Biden administration's consent order; finalized days before President Donald Trump took office, that barred Sheffield from serving on Exxon's board.

    Keep ReadingShow Less
    News
    lina khan
    A sign displays gas prices at a gas station

    Gas Price Fixing Scandal Grows as Another US Oil Exec 'Caught Colluding With OPEC'

    "We cannot allow fossil fuel companies to gouge the American public in concert with OPEC while raking in record profits," said one watchdog, calling for congressional hearings.

    Julia Conley
    Sep 30, 2024

    Consumer advocates demanded congressional hearings on alleged price fixing by oil giants on Monday after the Federal Trade Commission banned an executive from serving on the board of Chevron, saying he had colluded with international representatives to keep oil prices high.

    The FTC said it would prohibit John B. Hess, CEO of the Hess Corporation, from serving on Chevron's Board of Directors as part of Chevron's acquisition of the company, citing Hess' public and private communications "with the past and current secretaries general of the Organization of Petroleum Exporting Countries (OPEC) and an official from Saudi Arabia."

    Keep ReadingShow Less
    News
    big oil
    Chairman Sheldon Whitehouse (D-R.I.)

    Key Senate Panel Launches Probe of Big Oil-OPEC Collusion

    Illegal coordination between oil companies and OPEC may have cost U.S. families thousands of dollars in higher costs for gas and other necessities.

    Julia Conley
    Jun 27, 2024

    Announcing a probe into potential efforts by fossil fuel companies to illegally coordinate with international oil producers in order to fix prices, U.S. Sen. Sheldon Whitehouse on Wednesday wrote to 18 oil giants demanding that they turn over communications with the Organization of Petroleum Exporting Countries, commonly known as OPEC.

    Whitehouse (D-R.I.) wrote to companies including ExxonMobil, Chevron, and ConocoPhillips in his capacity as chairman of the Senate Budget Committee, weeks after the Federal Trade Commission (FTC) accused the former CEO of Pioneer Natural Resources Company of attempting to collude with OPEC.

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    big oil

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