In a shock to likely no one, "Big Oil" has betrayed our trust. Again. This time, three European heavyweights are accused of teaming up to misreport North Sea oil prices. In this video, contributor Aimee Duffy explains the price-fixing scandal, the ensuing class action lawsuit, and what this mess might mean for investors.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter, @TMFDuffy and @TylerCroweFool.

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