Home pagePress CenterIn the Media Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by Bloomberg, “Oil Executives Defend Against Higher Taxes at Hearing."
In the Media | Detail
Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by Bloomberg, “Oil Executives Defend Against Higher Taxes at Hearing."
Executives from the world's top oil companies, in a congressional hearing today, told U.S. lawmakers that competition and high costs justify the industry's opposition to taxes increases.
Representative Edward Markey, a Massachusetts Democrat, hauled in executives from the oil industry to testify on record profits and gasoline prices before his Select Committee on Energy Independence and Global Warming.
"I don't think it's a serious attempt to get to the issues,'' said Frank Verrastro, director of the energy and national security program at the Center for Strategic & International Studies."I think it's more" public relations.
The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.
