Because oil prices were dropping during the pandemic, he wanted to prop up oil prices by reducing output, reducing output by American oil producers, reducing output by international oil producers. In fact, According to the FTC's complaint, you did file a complaint May 2nd. And Mr. Chairman, I ask unanimous consent to enter this complaint into the record. This is the public version of the complaint without objection. In your complaint, you quoted this executive from Texas. (01:05–01:13)
CLAIM
Asserts that the FTC filed a complaint on May 2nd regarding the collusion.
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