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New York CNN —Congressional Democrats are investigating whether leading US oil companies have illegally colluded with one another and with OPEC to inflate prices at the pump, CNN has learned. The Federal Trade Commission earlier this month accused Sheffield, the founder of Pioneer Natural Resources, of conspiring with OPEC and its allies to boost prices. Pallone argued that public data suggests US oil producers did not ramp up drilling during the period that Sheffield was trying to influence his rivals. Pallone sent Exxon additional document demands, including communications between Pioneer employees who were involved in developing production plans and representatives of OPEC and OPEC+. Sheffield was among the oil CEOs who testified before Pallone’s committee during an April 2022 hearing on Big Oil and gas prices.
Persons: Frank Pallone Jr, , Scott Sheffield, , ” Pallone, Sheffield, Hess, Pallone Organizations: New, New York CNN, Congressional, OPEC, CNN, Committee, Energy, Commerce, ExxonMobil, BP, New Jersey Democrat, Federal Trade Commission, Sheffield, Pioneer Natural Resources, FTC, Oil, Exxon, Chevron, Shell USA, Devon Energy, Big, Locations: New York, Chevron, Hess, BP America, New Jersey, Texas, OPEC, Russia, colluding, United States, , Occidental
CNN —Government officials, public health professionals and concerned parents are calling on Congress to ban water beads, a children’s toy that they say poses significant health risks. Water beads are tiny balls made out of extremely absorbent polymer material. Pall also emphasized that water beads have been responsible for 4,500 emergency room visits nationwide since 2017, and that these incidents have grown more frequent. Most recently, the Commission and company Buffalo Games recalled about 52,000 Chuckle & Roar Ultimate Water Beads Activity Kits in September. Hoehn-Saric said that, beyond the Commission’s recalls, the CPSC is investigating taking further action regarding potentially harmful chemicals in water beads.
Persons: Frank Pallone Jr, , Pallone, they’ve, , Alex Hoehn, Saric, Harpreet Pall, Pall, ” William Wallace, Pallone’s, Ashley Haugen, ” Haugen Organizations: CNN — Government, Consumer Product Safety Commission, Target, Walmart, Amazon, CNN, Hackensack Meridian Health, Children’s, Consumer, Senate, Republicans, Commission, Buffalo Games Locations: New Jersey, Hackensack
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