C-SPAN: Some really nervous oil CEO’s

[Changenow]

testifying before a senate committee right now.

Oil prices go down with mega mergers, the oil companies reinvest in alternatives with their profits and if the US would allow more give-aways on public lands are the highlights so far.

These dudes must not be sworn to tell the truth again.

[MadMaddie]

1. Oh...they are also worried because the UAE is

starting to trade oil in Euro's!!

[enid602]

4. source

Pls give source. This is big if true.

[MadMaddie]

10. I am looking for the source....

Sorry I forgot to include it...I have read so many articles today that I can't remember where I read it. I will find it and post...

[Changenow]

17. Arab central banks move assets out of dollar

http://news.independent.co.uk/business/news/article351127.ece

[ret5hd]

14. no...Iran is going to start trading oil in euros on March 20...

UAE is going to change 10% of their foreign reserves from dollars to euros.

coincidentally (or not), shortly after Iran starts trading oil in euros, the u.s. fed is going to stop reporting M3 (the largest measure of u.s. currency).

[LiberalEsto]

2. Gas was $2.27 when I passed on my way to church

this past Sunday. An hour and a half later, after the service and coffee, the price had risen to $2.31.

I'd like to interrogate these scum myself for an hour or two.

[Changenow]

8. Exxon: A windfall Profits tax wouldn't help increase supply

If we used the extra revenue it to research alternatives it sure could.

[sheelz]

3. Did they swear them in this time?

[Changenow]

7. No way,

these guys are lying through their teeth.


CSPAM cut to a rerun of another show just after they sat down and didn't come back until that issue would have been resolved. Convenient for all concerned.

[sheelz]

11. So we don't know if anybody raised objections??

:wtf: Why bother having any hearings! All Democrats on that panel should have walked out!

[Changenow]

13. It may be out there, but it wasn't on CSPAN

It is impossible that these guys are so blatantly fabricating if they were under oath. We'd be hearing more non answers.

[sheelz]

16. This is a major problem with the Democratic Party!

We're fighting for hearings and accountability! If they don't walk out of these hearings then they are enabling these greedy assholes! :mad: :mad: :mad: :mad: :mad:

[Changenow]

5. John Cornyn to save the day

Oil and natural gas companies aren't more profitable than other companies, with is the American way.

[Changenow]

9. Cornyn now wants to know how congress

can help the majors.

[donkeyotay]

6. Testifying? that sounds more like a list of demands. nt

[Changenow]

12. Grassley: Bottled water a worse value

why aren't people complaining about that? They complain about the costs of energy but not the cost of bottled water?

"I'm not here for a love fest, but you guys are doing the best you can and not holding back supply, aren't you?"

Exxon: Lots of people with pensions count on us to make prudent investments and profits. If we could invest in more in the good old USA things would be much better.

[The Backlash Cometh]

15. You can always boil city water so people who purchase bottled water

buy it for convenience. If it was the only source of water, THEN you'd have the same problems we have with oil.