As Congress last week headed into the Memorial Day recess, the Senate held yet another hearing to “get to the bottom of high energy prices.” One after another, Judiciary Committee members grilled oil company executives “on their roles” in the rising cost of fuel for their constituents. The Institute for Energy Research (IER) submitted the following ten questions for Judiciary Committee members who participated in the hearing: 1. Do you understand the fundamental economic principle of supply and demand for commodities pricing in the oil market? 2. Oil is a global commodity, bought and sold on the world market. Given...