Oil Executives Testify Before House Energy Indepedence Committee

WASHINGTON - APRIL 01: Exxon Mobil Corporation Senior Vice President Stephen Simon (L) responds to questions while testifying before the House Select Energy Independence and Global Warming Committee along with (2ndL-R) Shell Oil Company President John Hofmeister, Cheveron Vice Chairman Peter Robertson, ConocoPhillips Executive Vice President John Lowe and BP America Chairman and President Robert Malone on Capitol Hill April 1, 2008 in Washington, DC. In the face of record gasoline and oil prices, the committee called into question the record profits posted by the five largest American oil companies and their commitment to developing clean and renewable fuels. (Photo by Chip Somodevilla/Getty Images)