TITLE

Senate to grapple with OPEC in wake of House bill passage

AUTHOR(S)
Schor, Elana
PUB. DATE
May 2007
SOURCE
Hill;5/24/2007, Vol. 14 Issue 63, p3
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the move of several U.S. Senators to oppose the Organization of Petroleum Exporting Countries (OPEC) over high gas prices in the U.S. The House approved the NOPEC bill which gives the Department of Justice (DOJ) the power to bring antitrust lawsuits against the OPEC alliance in the U.S. court. White House has issued a veto threat on NOPEC bill opposing the move and gave warning that suing the oil-producing nations could lead to diplomatic and economic retaliation.
ACCESSION #
25413772

 

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