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Bill117th CongressFiled Mar 25, 2021Foreign Trade and International Finance
S. 977

NOPEC

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to senate (Oct 18, 2022)

No Oil Producing and Exporting Cartels Act of 2021 or NOPEC

This bill prohibits a foreign state from engaging in collective action impacting the market, supply, price, or distribution of oil, natural gas, or any other petroleum product in the U.S. Specifically, a foreign state is prohibited from

  • collective action that limits the production or distribution of such product,
  • collective action to set or maintain the price of such product, or
  • any other action that restrains trade of such product.

Specified defenses such as sovereign immunity (i.e., a foreign state's immunity from the jurisdiction of U.S. courts) and the act of state doctrine (i.e., the prohibition of a court invalidating an official act of a foreign sovereign performed within its own territory) shall not apply to a foreign state's violation of this bill.

What just happenedOct 18, 2022

Placed on Senate Legislative Calendar under General Orders. Calendar No. 542.

Who’s behind it

Sen. Grassley, Chuck [R-IA](R-IA)Sponsor
3 cosponsors2 D1 R
Read on Congress.gov
3cosponsors1committees6actions1related bills7subjects
  1. Oct 18, 2022Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 542.

  2. Oct 18, 2022Committee

    Committee on the Judiciary. Reported by Senator Durbin under authority of the order of the Senate of 10/14/2022 without amendment. Without written report.

    Judiciary Committee
  3. Oct 18, 2022Committee14000

    Committee on the Judiciary. Reported by Senator Durbin under authority of the order of the Senate of 10/14/2022 without amendment. Without written report.

    Judiciary Committee
  4. May 5, 2022Committee

    Committee on the Judiciary. Ordered to be reported without amendment favorably.

    Judiciary Committee
  5. Mar 25, 2021IntroReferral

    Read twice and referred to the Committee on the Judiciary.

    Judiciary Committee
  6. Mar 25, 2021IntroReferral10000

    Introduced in Senate

Reported to SenateOct 18, 202225

No Oil Producing and Exporting Cartels Act of 2021 or NOPEC

This bill prohibits a foreign state from engaging in collective action impacting the market, supply, price, or distribution of oil, natural gas, or any other petroleum product in the U.S. Specifically, a foreign state is prohibited from

  • collective action that limits the production or distribution of such product,
  • collective action to set or maintain the price of such product, or
  • any other action that restrains trade of such product.

Specified defenses such as sovereign immunity (i.e., a foreign state's immunity from the jurisdiction of U.S. courts) and the act of state doctrine (i.e., the prohibition of a court invalidating an official act of a foreign sovereign performed within its own territory) shall not apply to a foreign state's violation of this bill.

Introduced in SenateMar 25, 2021

No Oil Producing and Exporting Cartels Act of 2021 or NOPEC

This bill prohibits a foreign state from engaging in collective action impacting the market, supply, price, or distribution of oil, natural gas, or any other petroleum product in the U.S. Specifically, a foreign state is prohibited from

  • collective action that limits the production or distribution of such product,
  • collective action to set or maintain the price of such product, or
  • any other action that restrains trade of such product.

Specified defenses such as sovereign immunity (i.e., a foreign state's immunity from the jurisdiction of U.S. courts) and the act of state doctrine (i.e., the prohibition of a court invalidating an official act of a foreign sovereign performed within its own territory) shall not apply to a foreign state's violation of this bill.

NOPEC — Informed