Oil Executives to Testify Before Congress on Record-High Gas Prices

Statement

Executives from six of the nation's largest oil companies have agreed to testify before a key congressional panel next week about the rising cost of gasoline.

U.S. Rep. Diana DeGette (D-CO), who serves as chair of the House Energy and Commerce Oversight and Investigations subcommittee -- which oversees the nation's fossil fuel industry -- announced today that executives from Chevron, ExxonMobil, BP, Shell, Devon Energy and Pioneer Natural Resources will all appear before the panel on Wednesday, April 6, to answer lawmakers' questions about the industry's role in the skyrocketing cost of gasoline.

"Americans across the country are suffering from the skyrocketing cost of gasoline, while some the nation's largest oil companies are reporting record high profits," DeGette said. "We will not sit back and allow the fossil fuel industry to take advantage of the American people and gouge them at the pump. We want to know what's causing these record-high prices and what needs to be done to bring them down immediately."

Among the executives that have agreed to testify are:

David Lawler, Chairman and President, BP America, Inc.
Michael K. Wirth, Chairman and Chief Executive Officer, Chevron Corporation
Darren W. Woods, President and Chief Executive Officer, ExxonMobil
Gretchen Watkins, President, Shell USA, Inc.
Richard E. Muncrief, President and Chief Executive Officer, Devon Energy Corporation
Scott D. Sheffield, Chief Executive Officer, Pioneer Natural Resources Company
The House Energy and Commerce Oversight and Investigations subcommittee hearing will begin at 10:30 a.m. ET on Wednesday, April 6.

More information about the hearing, including a link to watch it live, will be provided as soon as it becomes available.

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