House committee asks oil firm CEOs to explain why gas might soon cost $4 per gallon

Kucinich, whose committee oversees the Department of Energy, is asking top oil executives what role their companies play in the record high prices of gasoline.

“We seek to learn how the realities of decreasing refinery capacity, decreasing gasoline inventories, rising oil company profitability and increasing market concentration in the oil industry may be the root cause of new record-high gasoline prices,” Kucinich said in a statement.