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May 22, 2007

* USA - Bill would allow suing OPEC

Washington,DC,USA -Land Line Magazine (Grain Valley,MO) -21 May 2007: -- The U.S. House Judiciary Committee on Thursday, May 17, approved a bill that would allow the U.S. to sue OPEC nations under anti-trust laws for colluding to set oil prices... Connecticut Attorney General Richard Blumenthal told Congressional Quarterly he’s arguing in favor of the House bill... Blumenthal cited OPEC’s practices, saying “There is no clearer instance of monopolistic pricing"...

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