WASHINGTON, March 8 [Category: Energy] -- The Institute for Energy Research posted the following commentary: * * * Energy Supplies Under a Prolonged Middle East Conflict * Key Takeaways 1 The conflict with Iran in the Middle East will affect energy prices, but the extent of price hikes will depend on its duration and outcome. 2 The most important chokepoint is the Strait of Hormuz, through which about 20% of the world's supply typically transits. 3 Between two and four million ba more PR

WASHINGTON, March 9 -- Rep. Mike Levin, D-CA, has introduced the Protecting Taxpayers from Risky Investments in Venezuela Act, aimed at prohibiting the U.S. government from funding Venezuela's oil infrastructure. This legislation seeks to curtail financial support from U.S. taxpayer dollars to a country facing ongoing economic and political turmoil, where oil infrastructure investments have been subject to scrutiny. The bill comes in response to ongoing concerns about the political climate in V more ST

WASHINGTON, March 9 -- Sen. Michael F. Bennet, D-CO, has introduced the No Taxpayer Funds for Corporate Investment in Venezuelan Oil Act, aimed at prohibiting the use of federal funds for reimbursements related to capital expenditures in the oil and gas sector of Venezuela. This legislative move reflects growing concerns about the U.S. government's financial involvement in foreign oil investments, particularly in an unstable region. The bill seeks to eliminate appropriations for any reimburseme more ST

WASHINGTON, March 9 -- Sen. Jeff Merkley, D-OR, has introduced the Protecting Taxpayers from Risky Investments in Venezuela Act, aimed at prohibiting federal funding for Venezuela's oil and petroleum infrastructure. The bill seeks to restrict the U.S. government from engaging in financial transactions that would support the development or maintenance of this critical sector in Venezuela, a country recently criticized for its oppressive regime and economic mismanagement. This legislative initiat more ST

WASHINGTON, March 9 -- Sen. Rick Scott, R-FL, has introduced the No Relief for Allies of Dictators Act, aiming to revoke visas and impose restrictions on individuals tied to authoritarian regimes in Venezuela, Cuba, Nicaragua, and Bolivia. The legislation seeks to hold accountable those believed to be involved in human rights violations and activities threatening democracy and sovereignty in these nations. The bill reflects growing concerns over the influence of oppressive governments in Latin  more ST