Hatch raps Democrats for hitting oil company CEOs
WASHINGTON — Sen. Orrin Hatch isn’t wasting words on what he thinks of harsh criticism that oil company CEOs are taking on Capitol Hill. He’s letting a portrait of a dog sitting on a pony tell part of the story.
At a hearing on gas prices, the Utah Republican said that Senate Democrats are conducting a dramatic hearing to “make some political hay at the expense of our witnesses today.”
The committee called the heads of the five largest oil companies to testify Thursday about proposals to repeal tax breaks for the five companies. The companies are ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips.
Finance Committee Chairman Max Baucus told the executives the generous tax breaks they enjoy have not lowered gas prices or promoted energy independence.