S. 555 · 109th Congress
No Oil Producing and Exporting Cartels Act of 2005
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
16 cosponsors · 12 D, 4 R
D
Boxer
JC
D
Corzine
RD
D
Durbin
MD
D
Dayton
RF
D
Feingold
CG
R
Grassley
HK
D
Kohl
PL
D
Leahy
CL
D
Levin
CS
D
Schumer
OS
R
Snowe
RW
D
Wyden
AS
R
Specter
TC
R
Coburn
DS
D
Stabenow
BM
D
Mikulski12 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
No Oil Producing and Exporting Cartels Act of 2005 or NOPEC - Amends the Sherman Act to declare it to be illegal and a violation of the Act for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, whether by cartel or any other association or form of cooperation or joint action,…
What it does: CRS summary · Reported to Senate without amendment · Apr 14, 2005
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
No Oil Producing and Exporting Cartels Act of 2005 or NOPEC - Amends the Sherman Act to declare it to be illegal and a violation of the Act for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, whether by cartel or any other association or form of cooperation or joint action, to limit the production or distribution of oil, natural gas, or any other petroleum product (petroleum), to set or maintain the price of petroleum, or to otherwise take any action in restraint of trade for petroleum, when such action has a direct, substantial, and reasonably foreseeable effect on the market, supply, price, or distribution of petroleum in the United States.
Denies a foreign state engaged in such conduct sovereign immunity from the jurisdiction or judgments of U.S. courts in any action brought to enforce this Act.
States that no U.S. court shall decline, based on the act of state doctrine, to make a determination on the merits in an action brought under this Act.
Authorizes the Attorney General and the Federal Trade Commission (FTC) to bring an action in U.S. district court to enforce this Act.
Amends the Federal judicial code to make an exception to the jurisdictional immunity of a foreign state in an action brought under this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: NOPEC
Latest action (Apr 14, 2005): Placed on Senate Legislative Calendar under General Orders. Calendar No. 73.
Policy area: Commerce · Origin: Senate · Introduced: Mar 8, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.