WASHINGTON, June 15 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking Committee, and Sheldon Whitehouse (D-RI), Ranking Member of the Senate Committee on Environment and Public Works (EPW), pressed major fossil fuel companies on their windfall profits and skyrocketing gas prices as a result of President Trump's war in Iran, hurting American consumers.
The senators wrote to ExxonMobil Corporation, Chevron Corporation, Shell USA, Inc., bp America, Inc., ConocoPhillips, Occidental Petroleum Corporation, and Continental Resources, Inc.
Following Iran's closure of the Strait of Hormuz and the global oil supply drastically decreasing, gas prices spiked, a...