Senate Finance Oil Hearing (5/12/11) - jef1000

Jeff Malet Photography

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James Mulva, Chairman and Chief Executive Officer, ConocoPhillips listens to Senator's question. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats plan to repeal $21 billion in tax incentives is "un-American". The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

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