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US senators demand oil execs re-testify, under oath (Ever Shrinking DemocRATS)
AP via Breitbart ^

Posted on 11/16/2005 11:23:31 PM PST by indianrightwinger

US senators demand oil execs re-testify, under oath Nov 16 6:44 PM US/Eastern Email this story

Senate Democrats demanded that oil company executives who testified last week about skyrocketing energy prices reappear before lawmakers and testify under oath, after news reports raised questions about the truthfulness of their testimony.

Leading oil company executives long have denied taking part in a secretive energy task force run in 2001 by Vice President Dick Cheney, but White House records obtained by The Washington Post refuted that, according to the daily's editions on Wednesday.

The ad hoc group was tasked with helping develop a national energy policy, but was opposed by environmentalists because there allegedly were no ecologically friendly players on the panel.

The leader of Senate Democrats said the oil company executives who testified last week should be forced to return to Congress to set the record straight regarding their involvement with Cheney's group.

"When the big oil companies came to Congress to testify about their record profits, we expected that they would tell the whole truth and nothing but the truth. Today, we learned that this was a standard they were not prepared to meet," said Senator Harry Reid.

"This is unacceptable. I join my Democratic colleagues in demanding that these oil executives by brought back to the Congress, sworn in, and forced to testify again about their involvement with Vice President Cheneys secretive energy task force and all of the issues covered in the hearing," said Reid, who authored a letter to the Senate leadership requesting that the oil executives be summoned to new hearings.

"We respectfully request that you reconvene hearings as soon as possible to take these witnesses sworn testimony about their roles in the Cheney energy task force and the recent run-up in American fuel prices," Reid wrote in the letter.

Democrats also objected to a decision by the leaders of the Republican-led Senate to waive swearing in the witnesses. At any future hearing, Reid said, the executives should testify under oath.

"Recalling these witnesses to testify under oath will help us answer many of these lingering questions, and bolster the American peoples confidence in the integrity of the Senates investigation into this matter," he said.

Meanwhile, Democratic Senator Frank Lautenberg called at a press conference for an investigation.

"I want to be certain that this gets an appropriate review, so I've written to the attorney general asking him to investigate whether any of these oil company CEOs broke the law by making false statements to the Congress," Lautenberg said.

"Gas prices, everyone knows, are more than double what were at the end of 2001, and in September we all saw the average price of gas go above three dollars," he said.

"Whatever was discussed at that White House energy task force meeting, it seems to turn out very well for the big oil companies, but it's been disastrous, daily disastrous for the American public."

Lautenberg added: "We need to know what went on at those meetings, and find out whether this administration permitted the interests of big oil to stand ahead of the needs of the American families, small businesses."

Copyright AFP 2005, AFP stories and photos shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium


TOPICS: News/Current Events
KEYWORDS: 109th; bigoil; cheney; cheneytaskforce; energyexecutives; energytaskforce; oil; oilhearings; oilprices; pricegouging; reid; senatehearings
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What the courts rejected as executive privilege, the DUMBOCRATS want to get through Senate hearings again.



1 posted on 11/16/2005 11:23:32 PM PST by indianrightwinger
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To: indianrightwinger
They're serious, right? Gas has dropped to $2.40 a gallon in parts of the country. And here the Democrats want oil execs to testify about excessive profits. They're demented in their inability to comprehend how the free market works.

(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie.Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")

2 posted on 11/16/2005 11:25:56 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: indianrightwinger

They can do nothing without GOP cooperation.


3 posted on 11/16/2005 11:27:24 PM PST by thoughtomator (The only thing to be said for the Republican party is that the Democrats are far worse.)
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To: goldstategop

Gas went from a high of $3.79/gal to $2.17/gal (and still dropping) in these parts.


4 posted on 11/16/2005 11:28:07 PM PST by thoughtomator (The only thing to be said for the Republican party is that the Democrats are far worse.)
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To: thoughtomator

Correct, and thankfully. Otherwise, these clowns' circus would have moved into the committee halls of Congress.


5 posted on 11/16/2005 11:29:49 PM PST by indianrightwinger
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To: thoughtomator
If its gets down to $2.00, people will forget Katrina ever happened.

(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie.Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")

6 posted on 11/16/2005 11:30:02 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: indianrightwinger

7 posted on 11/16/2005 11:31:14 PM PST by Bratch
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To: goldstategop

aRE WE ASSUMING THAT THIS IS A FREE MARKET ?


8 posted on 11/16/2005 11:32:47 PM PST by BlueMoose
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To: indianrightwinger
Lautenberg added: "We need to know what went on at those meetings, and find out whether this administration permitted the interests of big oil to stand ahead of the needs of the American families, small businesses."

The results of all the meetings, with economists as well as with oil company and other energy people, was in the administration's energy policy proposals WHICH HAVE ALL POSTED ON THE INTERNET FOR YEARS NOW. If you can't see that any of them gave preferential treatment to one industry or group over another OR NOT, well then, YOU'RE BRAIN-DEAD HOPELESS. What in hell ELSE would you need to know, anyway?

9 posted on 11/16/2005 11:35:52 PM PST by FreeKeys ("...the clouds got as dark as Hillary Clinton's heart..." -- Neal Boortz, telling a story)
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To: indianrightwinger
You would have to be an economic moron to not recognize that when prices go up and most of your 'profit' comes from a percentage of the sale that retailers would be reporting the highest profits ever. More pennies per gallon sold will usually result in more profits. If I could double my sales, my profits would soar, but nothing would have changed. My percentage of profit would remain the same, I'd just be going past my costs a lot further.

But you have to be brain dead to ignore that these are also producers of oil. If your costs to produce a barrel of oil remain virtually the same and folks pay a heck of a lot more per barrel, you're going to make more money.

So what we have here is Democrats who are looking for another scandal to hang on the White House door after their Scooter ran out of gas and that lady in the ditch didn't pan out (they didn't even get the memo, either.)

That's just plain sad.

Oh, and since a lot of states collect sales taxes based upon the retail price of gasoline, how many of these outstanding leaders advocating that the states refund to their citizens the outrageous profits they made off of skyrocketing gasoline prices?

Anyone?

Anyone?

Gosh, how quickly they scatter.
10 posted on 11/16/2005 11:37:08 PM PST by kingu (Draft Fmr Senator Fred Thompson for '08.)
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To: FreeKeys

He wants to know who participated in the Energy Task Force. Problem is that even the SCOTUS said that information falls under executive privilege.

DeamonRATS are trying to find another way at the information.

Lo$ers! Laughable dummy heads too. I feel sorry for their pea brains.


11 posted on 11/16/2005 11:45:47 PM PST by indianrightwinger
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To: kingu
after their Scooter ran out of gas

LOL!! This just simply cracked me up!
12 posted on 11/16/2005 11:48:13 PM PST by indianrightwinger
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To: indianrightwinger

I do believe that Sen.Stevens told Sen.Cantwell to basically "shut up" when she tried to press this issue. Hopefully Sen.Stevens will tell these whiny rats the same thing.


13 posted on 11/17/2005 12:17:43 AM PST by taxesareforever (Government is running amuck)
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To: taxesareforever

I hope he says "STFU" this time. :-)


14 posted on 11/17/2005 12:19:45 AM PST by indianrightwinger
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To: indianrightwinger

Ditto to that.


15 posted on 11/17/2005 12:36:10 AM PST by taxesareforever (Government is running amuck)
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To: indianrightwinger

1.99 here


16 posted on 11/17/2005 1:01:59 AM PST by wildcatf4f3 (admittedly too unstable for public office)
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To: indianrightwinger

The oil industry is subjected to more accusations and investigations than the mafia. They've got to jump hurdles for damned near every kook in America. I don't know how they do it. It hardly seems worth the rather paltry profits they receive in return.


17 posted on 11/17/2005 1:25:40 AM PST by Jaysun (Democrats: We must become more effective at fooling people.)
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To: Jaysun
It hardly seems worth the rather paltry profits they receive in return.

Yeah, poor babies. So few billions to live off of, every few months. I don't know HOW they do it, much less WHY they would heap that burden upon themselves. Blackbird.

18 posted on 11/17/2005 2:56:50 AM PST by BlackbirdSST
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To: indianrightwinger

Uhhh... Do these executives HAVE to appear before these clowns?? If they do, do they HAVE to say ANYTHING at all?


19 posted on 11/17/2005 3:05:37 AM PST by ZULU (Fear the government which fears your guns. God, guts, and guns made America great.)
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To: BlackbirdSST

I for one would love to see the oil execs put thru the wringer.


20 posted on 11/17/2005 3:10:21 AM PST by cynicom
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