Baltimore sues shale producers in price-fixing class action in US court

Baltimore sues shale producers in price-fixing class action in US court

By Mike Scarcella  August 26, 2024 reuters.com

Aug 26 (Reuters) - The city of Baltimore has hit major U.S. shale oil producers including Hess and Permian Resources with a lawsuit alleging they conspired to curb production, leading to higher prices for gasoline, diesel fuel and heating oil.

The proposed class action was filed on Saturday in New Mexico federal court, where a panel of U.S. judges this month consolidated more than a dozen lawsuits accusing seven shale producers of participating in a price-fixing conspiracy.

Defendants:

PERMIAN RESOURCES CORP. f/k/a CENTENNIAL RESOURCE DEVELOPMENT, INC.,

CHESAPEAKE ENERGY CORPORATION,
CONTINENTAL RESOURCES INC.,
DIAMONDBACK ENERGY, INC.,

EOG RESOURCES, INC.,

HESS CORPORATION, OCCIDENTAL PETROLEUM CORPORATION,
PIONEER NATURAL RESOURCES COMPANY

 

Link to suit:  https://storage.courtlistener.com/recap/gov.uscourts.nmd.505981/gov...

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