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Democrats accuse oil companies of ‘rip off’ on gas prices

FILE - Gasoline price is seen at a gas station in Rolling Meadows, Ill., Friday, April 1, 2022. House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine. Oil executives, testifying before Congress for the second time in six months, responded that oil is a global market and that oil companies don’t dictate prices. (AP Photo/Nam Y. Huh, File) FILE - Gretchen Watkins, president of Shell Oil Company, testifies via video conference during a House Committee on Oversight and Reform hearing on the role of fossil fuel companies in climate change, Oct. 28, 2021, as Rep. Ralph Norman, R-S.C., right, takes his seat, on Capitol Hill in Washington. House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine. Oil executives, testifying before Congress for the second time in six months, responded that oil is a global market and that oil companies don’t dictate prices. (AP Photo/Jacquelyn Martin, File) FILE - Darren Woods, CEO of ExxonMobil, testifies via video conference during a House Committee on Oversight and Reform hearing on the role of fossil fuel companies in climate change, Oct. 28, 2021, with Rep. Ralph Norman, R-S.C., at left, on Capitol Hill in Washington. House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine. Oil executives, testifying before Congress for the second time in six months, responded that oil is a global market and that oil companies don’t dictate prices. (AP Photo/Jacquelyn Martin, File) President Joe Biden pauses as he speaks with members of the press after speaking about his administration's plans to combat rising gas prices in the South Court Auditorium on the White House campus, Thursday, March 31, 2022, in Washington. (AP Photo/Patrick Semansky) A bicyclist rides past a price board at a gas station in San Francisco, Monday, April 4, 2022. (AP Photo/Jeff Chiu)