Oil, gas and mining

House panel grills oil company CEOs amid skyrocketing gas prices



A House Energy and Commerce subcommittee questioned executives from BP America, Chevron, Shell, ExxonMobil and other major oil companies about rising gas prices.

#ABCNews #oil #GasPrices #energy #commerce #Congress

35 Comments

  1. Waste of time, nationolise teh commodity market and put a national cap on prices. just leaving it to the market means companies will control a monopoly.

  2. ABC with only show Democrats huh who would have thought LOL pushing another Democratic narrative instead of the truth like in 2021 Democrats and the house the Senate passed the law demanding all refineries reduce their oil productions no wonder the old production is not there no wonder we didn't stockpile when oil was $35 a barrel and could have had plenty in the spr for cheap but now they want to take out of it 180 million gallons of oil now wants to replace the oil ate $100 a barrel in the spr how stupid is that Democrats war on fossil fuels

  3. This is what happens when nations sells it natural resources production to private companies who then fleece everyone in the name of greed and profits. Its a monopoly its controlled its fixed, they claim its the market when the truth is they are the market. Lets get honest here calculating the cost of production from ground to pump must be possible so then why not just put a cap on the sale price and job done?

  4. I don’t get why everyone blames a president when the price of gas is up. He has no control. The the companies who sell them that are price gouging. They take any excuse that happens as a reason the raise the price of gas.

  5. Greed….. price of barrels went back down and prices didn’t, in some places went up even more. Oh, now it’s something else driving the price up. It’s all B.S.

  6. It's just a big dog and pony show. If they really cared they would stop giving the gas companies billions in subsidies from our tax money!! They just want everyone to see this and saw, wow, look at them go after theses guys.

  7. What! No Way! You don't get to do the news anymore. Remind us how "everything" is Trump's fault losers! Russian Operative. You lost all credibility, and we are watching you FAIL. You would triple your viewership if you did real news like investigate lying cheating Hillary. Russian Operative. You didn't give the man a chance and said horrific and TRAITORIST lies. We won't just blow this off. Now Hunters Laptop$$$$$$$

  8. It’s time to expand on renewable energy. People have invented motor vehicles that run on H2O but guess who influenced who to scrap that idea? F8ck these oil and gas companies.

  9. I wouldn't call it "loyal devoted customer"
    Specially when the Car Oligarchs & the oil Barons colluded for it to be this way ! Building thier dedicated base of money depositors to their schemes!

    Back in the day there was Electric cables already wired up from the trolly's and stuff downtown's? But these 2 industries wanted untold wealth and got laws passed to not build one I guess, lol

  10. There are over 9000 APPROVED oil drilling permits in the US. Sounds to me like the present administration is just passing the buck instead of doing what is right for all Americans. Playing the blame game never accomplishes anything

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