FOR IMMEDIATE RELEASE
June 27, 2008
CONTACT:
Brian Kennedy (202) 434-820
6 Months, 40 Oversight Hearings, 160 Witnesses Sworn-in, But Zero New Supplies

WASHINGTON, D.C. – Now adjourned for its Independence Day recess, the U.S. Congress has convened at least 40 hearings on the issue of skyrocketing energy prices in the first six months of 2008. At least 160 [...]

Thomas Pyle, president of the Institute for Energy Research (IER), issued sharp criticism of the Congress today for passing H.R. 6074 - better known as the ‘NOPEC’ - a bill intended to hold the Organization of Petroleum Exporting Countries (OPEC) liable under the Sherman Antitrust Act.
H.R. 6047 states: “It shall be illegal and a violation [...]