Oil Execs Questioned By Congress Again

Oil executives are under fire again (last time was in November) because of their high revenues and the belief that they are price fixing. Really though, the profits are solely due to the world’s incredibly high demand for oil. Congress had a stern talk with the executives about some mergers in the oil industry.

Rex Tillerson, CEO of ExxonMobil, took most of the heat because they’re the biggest. His comment: “With respect to the committee’s specific question

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