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Senators grill oil company execs over huge profits...
The Senate Judiciary Committee questioned major oil company CEOs over record profits today:
http://www.msnbc.msn.com/id/24757944/
"But senators complained the executives were trying to come across as “hapless victims” while raking in record profits. They wanted to press the executives about public anguish over paying $60 or more to fill up a car’s gas tank.
“Where is the corporate conscience?” Sen. Dick Durbin, D-Ill., asked.
“People we represent are hurting, the companies you represent are profiting,” (Sen) Leahy told the executives. He said there’s a “disconnect” between legitimate supply issues and the oil and gasoline prices motorists are seeing."
I wonder if anything will come of the hearings this time. It's the second time this year the executives have been called to testify.
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Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
Last edited by DeltAlum; 05-21-2008 at 10:15 PM.
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