News Formal

Senate Majority Leader Calls on FTC to Stop Chevron-Hess Merger

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 22 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 68%

Senate Berita

FTC,Chevron,Hess

Chuck Schumer has called on the Federal Trade Commission to stop the merger between Chevron and Hess Corp., claiming that it would be detrimental to consumers.

Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to stop the merger between Chevron and Hess Corp., claiming it would be detrimental to consumers. “I’m sounding the alarm against yet another proposed Big Oil merger—a $53B deal between Chevron and Hess,” Schumer wrote on X on Sunday. “It would give Big Oil more fuel to raise gas prices.

Earlier this year, Schumer led a group of 22 senators to call on the Federal Trade Commission to look into the tie-up between Exxon and Pioneer Natural Resources, and the Chevron-Hess deal. “Exxon’s and Chevron’s operations downstream would enable them to redirect Pioneer’s and Hess’s crude supply to themselves, away from and possibly to the detriment of their midstream competitors,” the group wrote in a letter to the FTC.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 34. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Hess Q1 Earnings Trump Forecasts Ahead of Acquisition by ChevronHess Corporation reported better-than-expected earnings in the first quarter of 2024 as the planned acquisition by Chevron drags on.
Sumber: OilandEnergy - 🏆 34. / 68 Baca lebih lajut »