(Adds details) WASHINGTON, Jan 30 (Reuters) - Officials from six major oil companies have refused to testify this week at a Senate hearing looking into whether oil industry mergers in recent years have made gasoline more expensive at the pump. With oil companies reporting record profits from higher energy prices, consumer groups have complained that mergers in the industry have stifled competition. Exxon Mobil said on Monday it earned $10.7 billion in the fourth quarter of last year ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Oil execs refuse to testify at U.S. Senate hearing" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.