Why U.S. Is Enacting NOPEC, A bill to crush OPEC

The U.S. leads the onslaught on OPEC with a bill to expose the oil producers’ group or its members to lawsuits for orchestrating supply cuts that raise global crude prices. Here is what to know about the NOPEC bill, in 700 words   A U.S. Senate committee was 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)…

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