Oil and Gas Industry Antitrust Act of 2006

3.0.0 2557 2023-01-13T04:48:38Z 2023-01-13T04:48:38Z Senate S S 2006-04-06 109 ssju00 Judiciary Committee Senate Standing Reported by 2006-04-27T17:37:21Z Markup by 2006-04-27T16:49:02Z Referred to 2006-04-06T15:44:52Z Oil and Gas Industry Antitrust Act of 2006 109 5279 HR 2006-05-03 Referred to the House Committee on the Judiciary. Identical bill CRS 2006-04-27 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 416. Calendars 2006-04-27 ssju00 Judiciary Committee Senate Committee on the Judiciary. Reported by Senator Specter without amendment. Without written report. Committee 2006-04-27 Committee on the Judiciary. Reported by Senator Specter without amendment. Without written report. Committee 14000 9 Library of Congress ssju00 Judiciary Committee 2006-04-27 ssju00 Judiciary Committee Senate Committee on the Judiciary. Ordered to be reported without amendment favorably. Committee 2006-04-06 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2006-04-06 Sponsor introductory remarks on measure. (CR S3213-3214) IntroReferral B00100 9 Library of Congress 2006-04-06 Introduced in Senate IntroReferral 10000 9 Library of Congress 2006-03-09 Sponsor introductory remarks on measure. (CR S1951-1952) IntroReferral B00100 9 Library of Congress S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA N K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. 2006-04-06 True D000294 Sen. DeWine, Mike [R-OH] MICHAEL DEWINE R OH 2006-04-06 True L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2006-04-06 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2006-04-06 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2006-04-06 True L000304 Sen. Lieberman, Joseph I. [D-CT] JOSEPH LIEBERMAN D CT I. 2006-04-25 False B000444 Sen. Biden, Joseph R., Jr. [D-DE] JOSEPH BIDEN D DE ROBINETTE 2006-04-26 False F000061 Sen. Feingold, Russell D. [D-WI] RUSSELL FEINGOLD D WI D. 2006-04-26 False S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2006-05-01 False S001163 Sen. Salazar, Ken [D-CO] Ken Salazar D CO 2006-05-02 False 2006-05-18T04:00:00Z S. 2557, Oil and Gas Industry Antitrust Act of 2006 http://www.cbo.gov/publication/17786 <p>Cost estimate for the bill as ordered reported by the Senate Committee on the Judiciary on April 27, 2006</p> 2006-05-18T04:00:00Z S. 2557, Oil and Gas Industry Antitrust Act of 2006 https://www.cbo.gov/publication/17786 Cost estimate for the bill as ordered reported by the Senate Committee on the Judiciary on April 27, 2006 Commerce Antitrust law Cartels Civil actions and liability Competition Congress Congressional investigations Congressional reporting requirements Consent decrees Corporate divestiture Energy Energy prices Energy supplies Federal-state relations Foreign Trade and International Finance Gas industry Gasoline Government Operations and Politics Government liability (International law) Governmental investigations International Affairs Law Natural gas Petroleum industry Restrictive trade practices Commerce

00 2006-04-06 Introduced in Senate 2006-05-16T17:01:10Z Oil and Gas Industry Antitrust Act of 2006 - Amends the Clayton Act to make it unlawful for any person to refuse to sell, or to export or divert, existing supplies of petroleum, gasoline, or other fuel derived from petroleum, or natural gas, with the primary intention of increasing prices or creating a shortage in a geographic market.

Directs the Attorney General (AG) and the Chairman of the Federal Trade Commission (FTC) to study whether section 7 of the Clayton Act (prohibiting certain mergers or acquisitions) should be amended to modify how that section applies to persons engaged in the business of exploring for, producing, refining, or otherwise processing, storing, marketing, selling, or otherwise making available petroleum, gasoline or other fuel derived from petroleum, or natural gas.

Requires the Comptroller General to study the effectiveness of divestitures required under certain prior oil and gas industry consent decrees.

Directs the AG and FTC Chairman to establish a joint federal-state task force to investigate information sharing among persons in the oil and gas industry.

No Oil Producing and Exporting Cartels Act of 2006 or NOPEC - Amends the Sherman Act to make it illegal for any foreign state or instrumentality thereof to act collectively with any other foreign state or instrumentality to: (1) limit oil production or distribution; (2) set or maintain the price of oil; or (3) take any other action in restraint of trade for oil, natural gas, or any petroleum product.

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80 2006-04-27 Reported to Senate without amendment 2006-05-16T17:07:21Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Oil and Gas Industry Antitrust Act of 2006 - Amends the Clayton Act to make it unlawful for any person to refuse to sell, or to export or divert, existing supplies of petroleum, gasoline, or other fuel derived from petroleum, or natural gas, with the primary intention of increasing prices or creating a shortage in a geographic market.

Directs the Attorney General (AG) and the Chairman of the Federal Trade Commission (FTC) to study, and report to Congress on, whether section 7 of the Clayton Act (prohibiting certain mergers or acquisitions) should be amended to modify how that section applies to persons engaged in the business of exploring for, producing, refining, or otherwise processing, storing, marketing, selling, or otherwise making available petroleum, gasoline or other fuel derived from petroleum, or natural gas.

Requires the Comptroller General (CG) to study the effectiveness of divestitures required under certain prior oil and gas industry consent decrees. Requires a report on study results from the CG to Congress, the FTC, and the Department of Justice.

Directs the AG and FTC Chairman to establish a joint federal-state task force to investigate information sharing among persons in the oil and gas industry.

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Oil and Gas Industry Antitrust Act of 2006 Display Title Oil and Gas Industry Antitrust Act of 2006 Official Title as Introduced A bill to improve competition in the oil and gas industry, to strengthen antitrust enforcement with regard to industry mergers, and for other purposes. Introduced in Senate IS Short Titles as Introduced for portions of this bill No Oil Producing and Exporting Cartels Act of 2006 Short Titles as Introduced for portions of this bill NOPEC Short Titles as Introduced Oil and Gas Industry Antitrust Act of 2006 Short Titles as Reported to Senate for portions of this bill NOPEC S Senate Short Titles as Reported to Senate for portions of this bill No Oil Producing and Exporting Cartels Act of 2006 S Senate Short Titles as Reported to Senate Oil and Gas Industry Antitrust Act of 2006 S Senate Reported to Senate 2006-04-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2557rs/xml/BILLS-109s2557rs.xml Introduced in Senate 2006-04-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2557is/xml/BILLS-109s2557is.xml 2006-04-27 Placed on Senate Legislative Calendar under General Orders. Calendar No. 416. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.