Gas Prices: How Are They Really Set? 
Tuesday, April 30 and Thursday, May 2, 2002
9:30 a.m. each day
342 of the Dirksen Senate Office Building. 

The Permanent Subcommittee on Investigations has scheduled two days of  hearings on the Subcommittee’s ten-month investigation into gasoline prices.  In the Spring and early Summer of 2001, most parts of the country experienced a dramatic increase in the price of gasoline.  Numerous consumer groups expressed concern over price gouging.  The oil companies responded that there were problems with supply.  This series of hearings by the Permanent Subcommittee on Investigations will explore how gasoline prices are set and why they have become so volatile. 

Witnesses expected to be called at the two days of hearings include:

APRIL 30, 2002 (9:30 a.m., SH-216)

 Panel:

MR. JAMES S. CARTER
Regional Director United State
ExxonMobil Fuels Marketing Company
Fairfax, Virginia

MR. GARY R. HEMINGER
President
Marathon Ashland Petroleum LLC
Findlay, Ohio

MR. ROSS PILLARI
Group Vice President - U.S. Marketing
BP
Warrenville, Illinois

MR. DAVID C. REEVES
President of North American Products
Chevron Texaco Corporation
San Ramon, California

MR. ROB ROUTS
President and CEO
Shell Oil Products U.S.
Houston, Texas

MAY 2, 2002 (9:30 a.m., SD-342)

PANEL ONE:

THE HONORABLE RON WYDEN (D-OR)
United States Senator

PANEL TWO:

THE HONORABLE RICHARD BLUMENTHAL
Attorney General
State of Connecticut
Hartford, Connecticut

THE HONORABLE JENNIFER GRANHOLM

Attorney General

The State of Michigan

Lansing, Michigan

  MR. TOM GREENE

Senior Assistant Attorney General for Antitrust

State of California

Sacramento, California

PANEL THREE: 
MR. PETER ASHTON

President

Innovation and Information Consultants

Concord, Massachusetts

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