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Energy Execs To Testify To House Cmte On 'Price Gouging' April 6

US

April 6 10:30 ET 15:30 GMT: Rep. Diana DeGette (D-CO) has confirmed that executives from Chevron, ExxonMobil, BP, Shell, Devon Energy, and Pioneer Natural Resources will testify to the House Energy and Commerce Oversight and Investigations Subcommittee on high gas prices.

  • The hearing is titled: 'Gouged at the Gas Station: Big Oil and America's Pain at the Pump.'
  • US President Joe Biden has claimed that rising energy prices may exacerbated by opportunist pricing by energy companies and following the executive order to ban Russian oil on March 8, Biden said: 'Russia’s aggression is costing us all and it’s no time for profiteering or price gouging. I want to be clear about what we will not tolerate.'

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