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Posted Tue Jun 15 2010: from Politico:
Henry Waxman puts Big Oil on trial
Henry Waxman's war on Big Oil has begun. The California Democrat, along with Rep. Ed Markey (D-Mass.), will force top oil executives to defend or condemn industry practices and profits, according to series of pre-hearing questions obtained by POLITICO, foreshadowing an intense, made-for-TV hearing Tuesday that could create an iconic Washington moment for the petroleum industry... BP may be first in the line of fire, but experts said the whole industry will be on trial Tuesday. Executives from BP, ConocoPhillips, ExxonMobil, Shell and Chevron are scheduled to testify.
[Read more stories about: capitalist greed, ecosystem interrelationships, economic myopia, efficiency increase, corporate malfeasance, oil issues, short-term thinking]

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The Waxman Cometh!

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