California Subpoenas Oil Company Records in Price Probe

California will subpoena records from the state’s 21 oil refineries and a half-dozen major oil companies as part of an investigation into rapidly rising gasoline prices, Attorney General Bill Lockyer said Thursday.

ChevronTexaco, ExxonMobil, ConocoPhillips, Valero, Shell and BP officials will be required to provide financial details to prove their multibillion dollar profits aren’t from profiteering, Lockyer said.
The Monterey Herald