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« ACLU: Executive privilege "mutated" | Main | Big oil companies selfish and hypocritical, says Sen. Schumer »
Thursday
Jul312008

Christmas in July for oil companies, says Sen. Schumer

AuthorStaff DateThursday, July 31, 2008 at 3:42PM
Senator Charles Schumer (D-N.Y.) says it is Christmas in July for big oil companies thanks to their record profits. Schumer says he is not shocked by the profits but is shocked about how they are spending it. Schumer says that big oil companies are using their profits to buy back their stocks to increase share prices. (0:44)
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