Oil Chiefs Face Senate on Windfall Tax
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The chairman of Exxon Mobil, Lee Raymond, said Congress should avoid “punitive” policies that interfere with oil-industry profits because they would discourage investments in exploration and refining.
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