House Energy and Commerce Committee Chair Frank Pallone (D-N.J.) said he was "concerned that the oil industry may be exploiting the war in Ukraine for its own economic gain."
OPEC and its allies agreed on Tuesday to release 400,000 barrels a day in February.
The world's largest oil companies will answer questions before Congress on their alleged efforts to obscure the role of fossil fuels in global warming.
The House Dems who helped the GOP kill reconciliation bill got more than $3 million from oil, pharma: two industries possibly targeted by the legislation.
Sen. Joe Manchin (D-W. Va.) was reportedly headed to a Texas fundraising event hosted by Republican donors from the oil industry two days after saying that a Democratic plan to eliminate fossil fuels would make climate change "worse."
Demand for oil has dropped dramatically as the market has been flooded with barrels of crude, which are trading at just under $20.
Elizabeth Warren and Joe Biden more and more competitive in farm country
China is North Korea's top trading partner and most important ally.
Arab-Gulf oil ministers want media to present policy in a positive way after oil price coverage.
£1.3 billion promised to boost investment in oil and gas by British chancellor in final pre-election budget.