Senator Barbara Boxer (D-CA) directs her questions to Shell Chairman and CEO, John Hofmeister, on Shell’s decision to close a Bakersfield refinery as an example of price control.
Boxer, still contending with Senator Steven’s displeasure, accuses Shell of closing the refinery for the purpose of controlling the price of gas, and driving prices even higher for Californians. (1:51)
November 9, 2005
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- Shell CEO, John Hofmeister, defends Shell’s decision to close a Bakerfield Field refinery, and ultimately, defend against Boxer’s accusation that Shell strategically tried to control oil prices.
- At a Senate Committee on Commerce, Science and Transportation hearing, Senator Barbara Boxer (D-CA) says that the Federal Trade Commission report is on the oil companies’ side.
- The Senate Energy and Natural Resources Committee and the Commerce, Science and Transportation Committee joint hearing on high energy prices begins with heated dispute between Senators over a procedure to swear-in witnesses.
- Climate change laws critical to survival say senators
- Senator Boxer’s chart detailing the earning of oil executives earns her the wrath of Senator Stevens.
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