Hagan statement on oil and gas execs on Capital Hill
“I found the juxtaposition of top oil executives from the five largest companies in the nation arguing in front of a U.S. Senate committee that the high price of gasoline was due to a supply issue, and not the record profits they are collecting, to be absolutely appalling.
“While paying nearly $4 a gallon for gas may not mean much to wealthy executives, it’s a very real, and very scary problem for working families across the country, including those in North Carolina. In one of my trips through eastern North Carolina recently, I met a community college professor in Plymouth who told me that her students were having trouble making it to class because they couldn’t afford gas to get there.
“While Washington is giving $13 billion in tax breaks to Big Oil and Gas, families across North Carolina are being forced to make tough decisions and find other ways to make ends meet. It’s time we have a Senator who stands up to special interests and the lobbyists, not stays silent about them.”
