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Old 05-20-2008
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Member Since: May 2007
Location: Los Angeles
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House passes bill to sue OPEC over oil prices

OK - let's say the DOJ wins, what next?

The US invades Saudi Arabia, Iran and Venezuela?

Given how things are, I'd rather not find out.


House passes bill to sue OPEC over oil prices - Yahoo! News

Excerpt:

Quote:
The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.

The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow.

The measure passed in a 324-84 vote, a big enough margin to override a presidential veto.
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