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Oil execs defend profits before Congress in gas price debate
ExxonMobil chief Lee Raymond and peers from Chevron ConocoPhillips BP America and Shell testified amid sharp questions from senators about mounting energy costs. Lawmakers condemned windfall profits while urging explanations and potential price gouging legislation as Americans face high gasoline and heating bills.
MENTIONED IN THIS ARTICLE
Washington, D.C
Barbara Boxer
Dcalif
Lee Raymond
ExxonMobil Corp
Raymond
ExxonMobil