FTC Accuses Hess CEO of OPEC Collusion to Raise Oil Prices

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

On Monday, the Federal Trade Commission (FTC) filed a complaint against John B. Hess, CEO of Hess Corporation, accusing him of secretly communicating with the Organization of Petroleum Exporting Countries (OPEC).

Read more at The Hill.