Town Square

Chevron named in monster antitrust suit claiming big oil conspired with Russia, OPEC to limit production

Original post made on Apr 2, 2022

A massive lawsuit last Monday in federal court alleges an antitrust conspiracy two years ago by big oil companies including San Ramon-based Chevron to curtail worldwide oil production in order to boost the price of gas.

Read the full story here Web Link posted Friday, April 1, 2022, 3:24 PM


Posted by The Dude
a resident of San Ramon
on Apr 2, 2022 at 10:44 pm

The Dude is a registered user.

I almost remember something that happened in March 2020 that caused demand to plummet, something about 2 weeks to flatten the curve that turned into 2 years. I find it entertaining that Mr. Alioto discusses supply and demand yet doesn't take into account that there was no demand? I would love to know who the two dozen plaintiffs and what other lawsuits they've been a part of over the years.....

Posted by Parent and Voter
a resident of Danville
on Apr 4, 2022 at 7:18 am

Parent and Voter is a registered user.

Sadly the blame game continues. The problem started as soon as we had a new occupant in the WH. He turned us from energy independent to dependent upon others. And the US exit from energy exports put other nations at risk. He supported Russia's economic strangle hold on Germany and other nations. He helped make Russia economically strong and militarily bold.
What we are seeing in just over a year is tragic. High inflation, open borders, the Afghanistan fiasco, the weak and delayed Ukrainian response, skyrocketing drug deaths, and much more. When will that story be covered in the Danville San Ramon newspaper? Just my opinion...

Posted by Paul Clark
a resident of Danville
on Apr 4, 2022 at 9:52 am

Paul Clark is a registered user.

Just another of the multi-pronged efforts by Leftists to try and sully Trump's name prior to the upcoming elections in November. You name a national or international problem, and the Secular Progressives will try to find a way to link Trump to it. I just imagine if they tried hard enough, they could find a Trump nexus for your toilet being stopped up! Soon they're going to start plugging the "November Variant" of the Corona Virus.

Posted by Maskedman
a resident of San Ramon
on Apr 6, 2022 at 7:03 am

Maskedman is a registered user.

I always thought that lawsuits are a matter of public record. If so, then why won't the author of the above article identify who the plaintiffs are? Is it because the plaintiffs are all green energy promoters and we don't need to know that?