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 [...]

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 [...]