Posts Tagged ‘Oil executives’

Congress Presses Oil Execs on High Prices

Tuesday, April 1st, 2008
posted by admin

Facing members of Congress unhappy about the soaring price of petroleum, executives from five giant oil companies today sought to portray themselves as part of the energy solution and not the energy problem.

But lawmakers seeking a way to deal with rising concern among motorists took aim at the oil companies and the record profits they registered last year amid record oil prices.

Read the story here:

http://www.washingtonpost.com/wp-dyn/content/article/2008/04/01/AR2008040100157.html?hpid=topnews

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