The Sharks Are Circling [Archive] - RetrieverTraining.Net - the RTF

: The Sharks Are Circling

06-14-2010, 04:20 PM;_ylt=Auizq401Y5uxVJosP8GZ_fm7YWsA; _ylu=X3oDMTE1NmRuNzBvBHBvcwMyBHNlYwN0b3BTdG9yaWVzB HNsawNicHRvZmFjZWlzb2w-?x=0&sec=topStories&pos=main&asset=&ccode=

WASHINGTON (Reuters) - Top competitors are expected to distance themselves from BP Plc (LSE:BP.L - News) on Tuesday as normally clubby oil industry executives gather for a Capitol Hill grilling on the worst oil spill in U.S. history.

With the mid-term congressional elections looming, U.S. lawmakers summoned top executives from Big Oil -- including BP -- in what is likely to be a heated showdown on the safety of drilling in the deep waters off America's coasts.

The top executives from Exxon Mobil (NYSE:XOM - News), Chevron (NYSE:CVX - News), ConocoPhillips (NYSE:COP - News) and Royal Dutch Shell (LSE:RDSA.L - News), can be expected to turn on BP, whose survival as an independent company is increasingly being questioned.