Senate Holds Hearing on Surging Price Of Oil (Picture-1695410)

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WASHINGTON - MAY 21: Committee Chairman Sen. Patrick Leahy (D-VT) speaks in front of a poster of a one dollar bill during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel. (Photo by Alex Wong/Getty Images)

ITAR-TASS 03: MOSCOW, RUSSIA. JANUARY 12, 2010. The Angara scale model rocket being placed before wind tunnel tests in the Central Aerohydrodynamic Institute (TsAGI). (Photo ITAR-TASS / Alexei Filippov) Photo via Newscom

Photo by: KG/starmaxinc.com 2010 ALL RIGHTS RESERVED 1/11/10 Rod Stewart and wife, Penny Lancaster, are taking a winter break in the South of France with son Alistair and Penny''s mother. Though it has been raining the last few days, today was bright and sunny. They walked along the seafront and beach at Cannes, did some shopping and then relaxed at a sidewalk cafe. (France) Photo via Newscom

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WASHINGTON - MAY 21: Committee Chairman Sen. Patrick Leahy (D-VT) speaks in front of a poster of a one dollar bill during a hearing before the Senate Judiciary Committee May 21, 2008 on Capitol Hill in Washington, DC. The hearing was to address the skyrocketing price of oil. Today prices of crude-oil surged to another record high of $132.00 USD a barrel. (Photo by Alex Wong/Getty Images)

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