In Monster Oil Mergers, Senators are Right to Worry Over Harm to Consumers

Big Oil’s spooky plan to resurrect ghost of Standard Oil monopoly threatens American consumers

In a letter to the Chair of the Federal Trade Commission Chair Lina Khan released today, 23 U.S. Senators expressed their deep concerns over two Big Oil mergers that could upend market protections for consumers.

In response to the letter, Tyson Slocum, director of Public Citizen’s Energy Program, issued the following statement: “Allowing Big Oil to become Monster Oil will increase consumers’ pain at the pump and consolidate their political grip over Capitol Hill to stop action on climate change. “It’s a bad Halloween joke to allow ExxonMobil and Chevron to revive Standard Oil from the grave.

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