U.S. Senate committee to hold hearing on oil price surge
Reuters2022-03-19
WASHINGTON, March 18 (Reuters) - The U.S. Senate Commerce Committee said Friday it is inviting Exxon Mobil, BP America and Pioneer Natural Resources to testify at an upcoming hearing on the surge in petroleum prices.
Senate Commerce Committee chair Maria Cantwell said the hearing, titled "The Corrosive Effect of Elevated Petroleum Prices on American Commerce and Consumers" and to be held in the coming weeks, "will focus on steps Congress can take to maintain the free flow of goods and services and protect consumers from excessive pump prices."
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