Neil D Posted November 9, 2005 Posted November 9, 2005 By Stephanie I. Cohen, MarketWatch WASHINGTON (MarketWatch) - Senators were set to grill top executives of the five largest oil and gas companies on Wednesday, charging them with amassing record profits without plowing sufficient resources back into boosting production. More than three dozen members of the Senate Energy and Natural Resources Committee and the Commerce, Science and Transportation Committee convened a joint hearing to investigate why oil company profits are staggering while fuel prices for consumers are spiking. Oil CEOs feeling the heat from lawmakers. Quote Democracy is a device that ensures we shall be governed no better than we deserve. George Bernard Shaw
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.