Oil execs testify before the Senate…voluntarily
Posted by direwolff on November 9, 2005
Here is a quick follow-up to my previous post on this issue titled “Gas price & profit outrage is not our right, it’s our obligation”.Check out CNN’s converage of the recent testimony explaining how regardless of prices, ‘big oil’ invests in R&D so big profits should be OK…arrrggghhh! It’s this sort of nutty arguments that can drive a sane person to become insane. Almost more interesting is that the Senate was actually debating if these CEOs should be sworn in.
For your reading pleasure check out the CNN article.