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September 30, 2024 | Texas Lawyer

$16M From a Laredo Jury? Yes. And $900K in Attorney Fees

"In a tantrum over this litigation that was unhinged from fact or law, Davenport told EOG in no uncertain terms that he was refusing to comply with the Water Purchase Agreement," defense attorney Corey Wehmeyer alleged in the counterclaims.
4 minute read
August 28, 2024 | National Law Journal

'Inflated Fuel Prices?': Baltimore Targets Big Oil Companies in Antitrust Class Action Trend

Similar to other antitrust lawsuits against major oil companies, Baltimore alleges that it has "paid artificially inflated prices for light petroleum products sold in the U.S., resulting from output restrictions in the crude oil market by cartel members."
2 minute read
June 14, 2024 | Texas Lawyer

Army of Lawyers Suit Up for Price-Gouging Antitrust Class Actions

"Eleven nearly identical putative class action complaints have been filed against defendants, alleging a conspiracy to constrain the production of shale oil to increase the price of oil products," the oil company defendants said.
5 minute read
June 14, 2024 | Law.com

Army of Lawyers Suit Up for Price-Gouging Antitrust Class Actions Against Shale Producers

"Eleven nearly identical putative class action complaints have been filed against defendants, alleging a conspiracy to constrain the production of shale oil to increase the price of oil products," the oil company defendants said.
5 minute read
April 16, 2024 | Texas Lawyer

Meet the Law Firms Behind the Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
April 16, 2024 | National Law Journal

Meet the Law Firms Behind a Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
February 08, 2024 | Law.com

Big Law Steps In for Shale Oil Producers Hit With Antitrust Allegations

Gibson, Dunn & Crutcher, Kirkland & Ellis and other Big Law firms have appeared in court for shale oil producers accused of conspiring to fix gas prices since early 2021.
5 minute read
January 24, 2024 | Law.com

Class Action Claims Major Oil Producers Conspired With OPEC to Drive Up Prices

"Defendants agreed with OPEC to constrain production of crude oil worldwide, with the purpose and effect of fixing, raising, and maintaining the price of crude oil in and throughout the United States of America and worldwide," the complaint said. "Defendants are not sovereign nations, and they are not immune to U.S. antitrust law."
4 minute read
May 03, 2022 | Daily Business Review

Shale Giants Dump Oil Hedges as Losses Spiral Toward $42B

If oil prices fall and producers aren't hedged, they could be left with losses in the billions.
5 minute read

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