Senate Holds Hearing on Surging Price Of Oil

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Robert Malone, Chairman and President of BP America Inc.; John... News PhotoBusiness,Businessman,Capitol Hill,Chevron Corporation,ConocoPhillips,Court Hearing,Crude Oil,Exxon,Finance,Fuel and Power Generation,Gasoline,Government,Horizontal,Law,Legal System,Oil,Organized Group,Politics,President,Refueling,Senior Vice President,Shell - Brand-name,Testimony,USA,United States Senate,Vice President,Waist Up,Washington DCPhotographer Collection: Getty Images News 2008 Getty ImagesWASHINGTON - MAY 21: (L-R) Robert Malone, Chairman and President of BP America Inc.; John Hofmeister, President of Shell Oil Company; Peter Robertson, Vice Chairman of the Board of Chevron Corporation; John Lowe, Executive Vice President of ConocoPhillips Company; and Stephen Simon, Senior Vice President of Exxon Mobile Corporation, testify during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel. (Photo by Alex Wong/Getty Images)