Evidence of CEOs’ Attempt to Illegally Inflate Oil Prices Increases as FTC Prohibits Hess from Joining Chevron’s Board

In a revealing exploration of the dynamics shaping the oil industry, Sharon Kelly elaborates on key developments surrounding Hess Corp. and its CEO John Hess amidst ongoing scrutiny from the Federal Trade Commission (FTC). As Hess’s proposed merger with Chevron faces significant challenges, including a $53 billion deal mired in arbitration issues, the FTC’s findings...