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They shift blame, don’t have a response to explain all their profits. In my humble opinion, they (oil executives) are trying to stock up on as much green before the the global market goes green.
This one was just released 3 hours ago.
Interesting Article please read if you are at all concerned about the rise in gas prices.
Washington Post Staff Writer
Wednesday, April 2, 2008; Page D01 It’s becoming a rite of spring. Gasoline prices climb. Members of Congress fume. And oil executives make the trek to Capitol Hill to do battle over who’s to blame.
Facing unhappy members of the House Select Committee on Energy Independence and Global Warming, executives from five giant oil companies yesterday sought to portray their firms as part of the energy solution, not the energy problem. And they put part of the blame for high oil prices on the federal government, lamenting obstacles to offshore drilling.
Read the full article here
