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November 9, 2005 by Walter

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With most of us struggling to keep up in a soft economy, we continue to endure outrageous gas prices… now this makes it better!

Oil Company Execs Defend Huge Profits (AP): “

Exxon Mobil Corporation Chairman and CEO Lee Raymond discusses energy pricing and profits on Capitol Hill Wednesday, Nov. 9, 2005, before a joint hearing of the Senate Commerce and Energy and Natural Resources Committee.  The chiefs of five major oil companies defended the industry's huge profits Wednesday at a Senate hearing where lawmakers said they should explain prices and assure people they're not being gouged.  (AP Photo/Dennis Cook)AP – The chiefs of five major oil companies defended the industry’s huge profits Wednesday at a Senate hearing where they were exhorted to explain prices and assure customers they’re not being gouged.


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(Via Yahoo! News: Top Stories.)

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