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The Latest Breaking News from Scott Sheffield

Donald Trump’s oil baron lovefest wins over a Nikki Haley supporter and his cash

With his finances drained by legal woes, Trump is now engaging in increasingly brazen efforts to win both big-money backers and non-Republican voters

The Independent UK

US Democrats Call For Criminal Probe Into Big Oil Price-fixing

Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing.

International Business Times

Senate Democrats Call For DOJ Action Against Oil Collusion

Senate Democrats push for DOJ probe into alleged oil industry collusion and price-fixing, citing FTC findings and concerns over increased fuel costs. Repub...

Top News

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Corporations are forcing Americans to pay more for less – in their own words

Companies in the oil, hotel, meat and other sectors are price-gouging the US public. They’re not hiding it, either

The Guardian - US

FTC bars former Pioneer CEO in Exxon Mobil deal, saying he colluded with OPEC

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

WEKU

US Clears ExxonMobil Deal, Bars Pioneer Ex-chief From Board

US antitrust authorities cleared ExxonMobil's acquisition of Pioneer Natural Resources under the condition that the shale producer's former CEO be barred from the company's board, regulators announced Thursday.

International Business Times

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US

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Shale Oil Stocks Drop: EOG Resources Beats Earnings Views

Shale oil producer stocks dropped Monday. Devon Energy and Diamondback Energy beat earnings predictions after the close.

Investors Business Daily

Oil Stocks: Crude Jumps Back Above $120 As Drilling Activity Flattens

Oil rig numbers have climbed, but producers remain reluctant to deliver more oil, focusing instead on oil stock investors.

Investors Business Daily

A carbon resurgence? With $100 oil and big gaps in renewables, fossil fuels are as essential as ever

The clean energy transition has been interrupted.

Tribune News Service

Executives due at gas price hearing gave $1 million to parties, candidates

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

Roll Call

Why Texas frackers won’t be riding to the rescue: It’s profit-taking time

The fracking revolution revived the energy industry in Texas and the U.S., ushering in years of cheap oil and gas. But don’t count on frackers riding to the rescue this time.

Tribune News Service

How the Strategic Petroleum Reserve works

Biden's release is by far the largest SPR release in U.S. history.

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