Political Quotes

“I close by saying we also have coming to Capitol Hill today a group of oil company executives. They couldn't have come at a better time. Someone said this is simply theater. I hope it isn't. It is time to ask hard questions of these oil companies which have over the past 6 months dramatically increased the price of energy for people across America. People living in Illinois and across our Nation--families, small businesses, farmers--have been dealing with this oppressive increase in prices. A lot of blame was pointed, when it came to OPEC, that it is the Saudis; they are running up the price of oil. Well, they did, but that was not the reason the price at the gasoline pump went to $3. It went to $3 because of this: Oil companies are making record profits, record profits over the increased prices they are charging to consumers across America. This chart is an indication of the billions of dollars they are making. ExxonMobil reported record quarterly profits of $9.9 billion, up 75 percent from last year. Put the nozzle in the tank and watch the numbers spin on the gas pump; the money from your credit card is going directly to the boardrooms of these oil company executives.…”