Big Oil to tell Congress markets, not companies, set fuel prices-testimony - Reuters.com

U.S. oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the price of gasoline, according to pre-released written testimony, as they defend charges by lawmakers of gouging with high fuel prices.

WASHINGTON, April 5 (Reuters) - U.S. oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the price of gasoline, according to pre-released written te… [+3808 chars]

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