“It’s shameful that Americans are left food insecure and have to skip meals while corporations and their wealthy shareholders enjoy the spoils of supersized profits under unjustified price hikes.” As the U.S. government on Wednesday released its latest inflation report, the watchdog Accountable.US put out a new analysis detailing how Americans face food insecurity while major food corporations are […]
“American families working to put food on the table deserve to know whether the increased prices they are paying for eggs represent a legitimate response to reduced supply or out-of-control corporate greed.” Sen. Elizabeth Warren and Rep. Katie Porter on Thursday demanded answers from the five largest egg producers in the United States over recent price surges that companies […]
Big oil claimed boosting fossil fuel exports would be a boon to U.S. consumers, but researchers say the “economic instability and damage to local communities and the planet created by this rapid export expansion are only now becoming clear.” In 2015, fossil fuel industry executives and lobbyists adamantly claimed that lifting a 40-year-old ban on U.S. oil exports […]
WASHINGTON — The U.S. is considering a series of steps to prevent global oil prices from rising following a decision by oil exporting and producing countries to slash production despite intensive lobbying by the Biden administration. The grouping known as OPEC+, which includes members of OPEC and allies, including Russia, said earlier this week it would […]