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Democrats Demand Interior Department Investigate Oil Companies Amid Price Fixing Allegations and FTC Actions Against Pioneer CEO.

House Natural Resources Committee Democrats are urging the Interior Department to provide information about potential wrongdoing by U.S. oil companies. This comes amid price fixing litigation against Pioneer Natural Resources and other firms. The Federal Trade Commission has accused former Pioneer CEO Scott Sheffield of colluding with OPEC competitors and barred him from joining the board of Exxon Mobil, which bought Pioneer. Congressional Democrats have long accused the oil and gas industry of working to keep energy prices high.

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