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Senator Markey to Introduce OPEC Accountability Act as Oil Cartel Colludes to Slash Production, Hike Energy Prices Worldwide | U.S. Senator Ed Markey of Massachusetts

Summary by Ground News

Senator Edward J. Markey (D-Mass) announced he will reintroduce his OPEC Accountability Act. The legislation would require the U.S. President to initiate consultations with OPEC countries, as well as the non-OPEC oil-producing countries that have joined OPEC. If these consultations do not succeed in ending OPEC and non- OPEC countries' collusion on oil production and market manipulation, the Act would instruct the Trade Representative to initiate dispute proceedings at the World Trade Organization.

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Senator Markey to Introduce OPEC Accountability Act as Oil Cartel Colludes to Slash Production, Hike Energy Prices Worldwide | U.S. Senator Ed Markey of Massachusetts

Bill Text (PDF) Washington (October 5, 2022) – Amid the news today that the Organization of the...

3 years ago·Washington, United States

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senate.gov broke the news in Washington, United States 3 years ago on Wednesday, October 5, 2022.

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