NOPEC
Sponsored By: Representative Rep. Chabot, Steve [R-OH-1]
Unknown
Summary
No Oil Producing and Exporting Cartels Act of 2018 or NOPEC This bill amends the Sherman Act to prohibit a foreign state from engaging in collective action impacting the market, supply, price or distribution of oil, natural gas, or other petroleum product in the U.S. Specifically, a foreign state is prohibited from: collective action that limits the production or distribution of such product, collective action to set or maintain the price of such product, or any other action that restrains trade of such product. Sovereign immunity (i.e., a foreign state's immunity from the jurisdiction of U.S. courts) and the act of state doctrine (i.e., the prohibition of a court invalidating an official act of a foreign sovereign performed within its own territory) shall not apply to a foreign state's violation of this bill.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Rep. Chabot, Steve [R-OH-1]
OH • R
Cosponsors
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 5/22/2018
Rep. Goodlatte, Bob [R-VA-6]
VA • R
Sponsored 5/22/2018
Nadler
NY • D
Sponsored 5/22/2018
Rep. Marino, Tom [R-PA-10]
PA • R
Sponsored 5/22/2018
Rep. Handel, Karen C. [R-GA-6]
GA • R
Sponsored 5/22/2018
Kevin Cramer
ND • R
Sponsored 6/12/2018
Roll Call Votes
No roll call votes available for this bill.
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