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House Sub-comittie

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Gas Prices Soar, Oil Execs Questioned

Top execs from the major oil companies were called before a Senate sub-committee hearing today, as lawmakers demanded to know why fuel prices are so high. Allegations of price-fixing and racketeering among the major fuel companies prompted the formation of the panel. Lawmakers grilled the execs relentlessly for nearly 25 minutes before they were satisfied … Continue reading