Burns Charest has filed a proposed class action lawsuit alleging that shale oil producers have conspired to engage in price fixing of petroleum-based fuel products. The lawsuit, Foos v. Permian Resources Corp., alleges that between 2017 and 2023 oil producers met regularly with each other and with the Organization of Petroleum Exporting Countries (OPEC) to coordinate their collective oil output and maintain higher prices for retail gasoline.

The lawsuit was filed in the U.S. District Court for the District of New Mexico and related news coverage can be viewed on Law.com.