Oil CEOs testify to Congress: 'We do not control the market price of oil'

  • 📰 HoustonChron
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

U.S. oil executives sought to defuse tensions with Democrats over rising fuel prices in a...

and Democrats to increase oil production, with the House Energy and Commerce Committee's hearing Wednesday entitled,"Gouged at the gas station: Big Oil and America's pain at the pump."

"We understand oil is a global commodity," she said."But here's the thing, if the price of gas is driven by the global market, why are fuel prices still at record highs? Something doesn't add up." Pioneer Natural Resources CEO Scott Sheffield testified how financing had become increasingly difficult to come by following the 2014 oil price crash.

Devon Energy CEO Richard Muncrief said supply chain holdups and worker shortages were causing delays in bringing wells into production.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 609. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

That s correct. They also do not control the supply.

If they wanted to act as good citizens- and not war profiteers… oil produced in America could be sold for refining ( gasoline ) and sold in America at production cost plus X profit , instead of XXX profit ..

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

A message to Biden: We need more oil, let companies produce more oilPresident Biden is attacking oil companies for failing to do exactly what his administration has been preventing them from doing since he took office – increasing oil production. BOYCOTT FOX NEWS. Sometimes brandon needs to hear the obvious
출처: FoxBusiness - 🏆 458. / 53 더 많은 것을 읽으십시오 »