Schumer, other Democrats request DOJ oil collusion probe

By Emma Dumain | 05/30/2024 06:43 AM EDT

Democrats have spent weeks escalating attacks on the oil industry.

Press conference.

Senate Majority Leader Chuck Schumer (D-N.Y.) and Budget Chair Sheldon Whitehouse (D-R.I.), with Reps. Sydney Kamlager-Dove (D-Calif.) and Joe Neguse (D-Colo.), stand alongside environmental advocates during a press conference earlier in May on energy prices and oil companies. Emma Dumain/POLITICO's E&E News

Senate Majority Leader Chuck Schumer and 23 fellow Democrats are formally asking the Justice Department to investigate allegations of collusion and price fixing among major oil companies.

The letter, addressed to Attorney General Merrick Garland and Assistant Attorney General for Antitrust Jonathan Kanter, comes a week after Schumer publicly pledged to take a leading role in holding Big Oil accountable for rising prices at the pump.

“The federal government must use every tool to prevent and prosecute collusion and price fixing that may have increased gasoline, diesel fuel, heating oil, and jet fuel costs in a way that has materially harmed virtually every American household and business,” Schumer, of New York, and the other senators wrote.

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“We therefore urge the Department of Justice … to investigate the oil industry, to hold accountable any liable actors, and to end any illegal activities.”

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