3.0.0 2976 2019-11-15T21:57:49Z 2019-11-15T21:57:49Z Senate S S 2008-05-06 110 ssfi00 Finance Committee Senate Standing Referred to 2008-05-06T15:01:36Z OPEC Accountability Act 110 2964 S 2008-05-01 Read twice and referred to the Committee on Finance. Related bill CRS 2008-05-06 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-05-06 Introduced in Senate IntroReferral 10000 9 Library of Congress L000123 Sen. Lautenberg, Frank R. [D-NJ] FRANK LAUTENBERG D NJ R. N D000432 Sen. Dorgan, Byron L. [D-ND] BYRON DORGAN D ND LESLIE 2008-05-06 True L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2008-05-06 True C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA 2008-05-06 True S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2008-05-06 True C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R 2008-05-06 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2008-06-23 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2008-06-23 False Foreign Trade and International Finance Africa (Sub-Saharan) Cartels Commerce Dispute settlement East Asia Ecuador Energy Energy prices Energy supplies Export controls Free trade Indonesia International Affairs International agencies Kuwait Latin America Middle East and North Africa Natural gas Nigeria Nontariff trade barriers OPEC countries Petroleum Price fixing Qatar Restrictive trade practices Saudi Arabia Trade negotiations United Arab Emirates Venezuela Foreign Trade and International Finance 00 2008-05-06 Introduced in Senate 2008-06-26T15:55:40Z OPEC Accountability Act - Requires the President to initiate consultations with Indonesia, Kuwait, Nigeria, Qatar, the United Arab Emirates, Venezuela, Ecuador, and Saudi Arabia to seek their elimination of any action that: (1) limits the production or distribution of oil, natural gas, or any other petroleum product; (2) sets or maintains the price of any such product; or (3) otherwise is an action in restraint of trade with respect to such products when such action constitutes an act, policy, or practice that is unjustifiable and burdens and restricts U.S. commerce.

Requires the U.S. Trade Representative to: (1) initiate World Trade Organization (WTO) dispute proceedings if the consultation is not successful with respect to any such country; and (2) take appropriate action regarding the country under U.S. trade remedy laws.

]]> OPEC Accountability Act Short Titles as Introduced OPEC Accountability Act Display Title OPEC Accountability Act Official Title as Introduced A bill to require the United States Trade Representative to pursue a complaint of anticompetitive practices against certain oil exporting countries. Introduced in Senate 2008-05-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2976is/xml/BILLS-110s2976is.xml 2008-05-06 Read twice and referred to the Committee on Finance. 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.