US SB394 | 2011-2012 | 112th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 13-2)
Status: Introduced on February 17 2011 - 25% progression, died in chamber
Action: 2011-04-07 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 26.
Text: Latest bill text (Introduced) [PDF]

Summary

No Oil Producing and Exporting Cartels Act of 2011 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 to bring an action in U.S. district court to enforce this Act. Prohibits any private right of action. Amends the federal judicial code to make an exception to the jurisdictional immunity of a foreign state in an action brought under this Act.

Tracking Information

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Title

No Oil Producing and Exporting Cartels Act of 2011

Sponsors


History

DateChamberAction
2011-04-07SenatePlaced on Senate Legislative Calendar under General Orders. Calendar No. 26.
2011-04-07SenateCommittee on the Judiciary. Reported by Senator Leahy without amendment. Without written report.
2011-04-07SenateCommittee on the Judiciary. Ordered to be reported without amendment favorably.
2011-02-17SenateRead twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S890)
2011-02-17SenateSponsor introductory remarks on measure. (CR S889-890)

Same As/Similar To

HB1346 (Related) 2011-08-25 - Referred to the Subcommittee on Intellectual Property, Competition and the Internet.

Subjects


US Congress State Sources


Bill Comments

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