Senate Holds Hearing on Surging Price Of Oil(John Hofmeister)

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Stephen Simon (R), Senior Vice President of Exxon Mobile Corporation, testifies as (L-R) Robert Malone, Chairman and President of BP America Inc.; John Hofmeister, President of Shell Oil Company; Peter Robertson, Vice Chairman of the Board of Chevron Corporation; and John Lowe, Executive Vice President of ConocoPhillips Company; listen during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel.

(Photo by Alex Wong/Getty Images North America)

John Hofmeister, President of Shell Oil Company, testifies during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel.

Robert Malone (L), Chairman and President of BP America Inc.; and John Hofmeister (R), President of Shell Oil Company, testify during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to ?Exploring the Skyrocketing Price of Oil.?

(L-R) Robert Malone, Chairman and President of BP America Inc.; John Hofmeister, President of Shell Oil Company; Peter Robertson, Vice Chairman of the Board of Chevron Corporation; John Lowe, Executive Vice President of ConocoPhillips Company; and Stephen Simon, Senior Vice President of Exxon Mobile Corporation, are sworn in during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to ?Exploring the Skyrocketing Price of Oil.?

Peter Robertson, Vice Chairman of the Board of Chevron Corporation, testifies during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel.

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Stephen Simon (10) John Hofmeister (10) Robert Malone (9) Peter Robertson (6) John Lowe (6) Patrick Leahy (2) Toby Blome (1) Show All (23)