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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - Senate

Short Titles as Introduced

NOPEC
No Oil Producing and Exporting Cartels Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Sherman Act to make oil-producing and exporting cartels illegal.


Actions Overview (1)

Date
07/16/2018Introduced in Senate

All Actions (1)

Date
07/16/2018Read twice and referred to the Committee on the Judiciary.
Action By: Senate

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Klobuchar, Amy [D-MN]* 07/16/2018
Sen. Lee, Mike [R-UT]* 07/16/2018
Sen. Leahy, Patrick J. [D-VT]* 07/16/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Judiciary07/16/2018 Referred to

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Latest Summary (1)

There is one summary for S.3214. View summaries

Shown Here:
Introduced in Senate (07/16/2018)

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.