Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Alleged shale-oil price-fixing scheme
A class action filed in January 2024 accused Diamondback and seven other U.S. oil and gas producers of coordinating to constrain shale-oil production, allegedly increasing gasoline prices relative to a competitive market. The case was described as part of consolidated multidistrict litigation in New Mexico.
2023
Permian Basin gas-flaring criticism
Diamondback was accused of being a major contributor to increased gas flaring in the Permian Basin. The issue concerns the burning of natural gas that cannot be immediately marketed or transported and has environmental and regulatory implications.