S. 879 · 110th Congress
No Oil Producing and Exporting Cartels Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
14 cosponsors · 9 D, 3 R, 2 I
9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
No Oil Producing and Exporting Cartels Act of 2007 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 · Introduced in Senate · Mar 14, 2007
No Oil Producing and Exporting Cartels Act of 2007 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 judgements 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 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: No Oil Producing and Exporting Cartels Act of 2007
Also known as: NOPEC
Latest action (May 21, 2008): Committee on the Judiciary. Hearings held.
Policy area: Commerce · Origin: Senate · Introduced: Mar 14, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.