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OGJ Newsletter

06/02/2008
General Interest — Quick TakesUS Senate questions oil executives on pricesA US Senate committee brought five major oil company executives back to Congress for the second time in less than 2 months so it could ask what’s causing record high oil and gasoline prices (See Editorial, p. 19).The nationwide average retail gasoline price has more than doubled since George W. Bush became president, Senate Judiciary Committee Chairman Patrick J. Leahy said as he opened a hearing on oil prices. “The president once boasted that with his pals in the oil industry, he would be able to keep prices low, and consumers would benefit. Instead, it is his pals in the oil industry who have bene...
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