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  1. Congress, critical of tax breaks, lays into oil execs Lawmakers criticize industry for taking tax breaks amid record-high prices while underinvesting in renewable resources. Markey concluded the hearing with what sounded like warning - urging the oil companies to invest in renewables and do something to lower the price of gas before what he promised would be several more congressional hearings. "To the extent that you don't have to take all of this as profit and you can lower your prices, I urge you to do so," he said. "My grandfather always said, you should try to start from where you know you'll end up." http://money.cnn.com/2008/04/01/news/compa...sion=2008040115
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