Oil Executives Testify Before House Energy Indepedence Committee

WASHINGTON - APRIL 01: BP America Chairman and President Robert Malone (R) testifies before the House Select Energy Independence and Global Warming Committee along with (L-R) Exxon Mobil Corporation Senior Vice President Stephen Simon, Shell Oil Company President John Hofmeister, Cheveron Vice Chairman Peter Robertson and ConocoPhillips Executive Vice President John Lowe on Capitol Hill April 1, 2008 in Washington, DC. In the face of record gasoline and oil prices, the committee called into question the record profits posted by the five largest American oil companies and their commitment to developing clean and renewable fuels. Malone also admitted to being present at meetings of Vice President Dick Cheney's secret Energy Task Force and said he would provide his notes from those meetings to the committee. (Photo by Chip Somodevilla/Getty Images)