A U.S. Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits for orchestrating supply cuts that raise global crude prices. The No Oil Producing and Exporting Cartels (NOPEC) bill is intended to protect U.S. consumers and …
The post Why NOPEC, the U.S. bill to crush the OPEC cartel, matters first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/why-nopec-the-u-s-bill-to-crush-the-opec-cartel-matters/