SUGAR LAND, TEXAS–April 8, 2022–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–Oil and Gas investors were pitted against consumers in a U.S. House of Representatives hearing on April 6. Investors emerged the winner, though continued high retail fuel prices may lead to future congressional actions.
Companies featured: Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX) , Shell plc (NYSE:SHEL), BP Plc. (NYSE:BP), Devon Energy Corporation (NYSE:DVN), Pioneer Natural Resources Company (NYSE:PXD)
Big Oil Stands with Investors in Congressional Hearing