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H.R. 948

BillFederalHouseReported
To amend the Sherman Act to make oil-producing and exporting cartels illegal.
About This Bill
Floor Vote
Latest Action · February 7, 2019
Ordered to be Reported by Voice Vote.
Congress
116th (2019–2021)
Introduced
February 4, 2019
Sponsor
Rep. Steve ChabotR
Cosponsors (33)
11D 22R
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Summary

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No Oil Producing and Exporting Cartels Act of 2019 or NOPEC This bill prohibits 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. Specified defenses such as 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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