Oklahoma Ping!
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Posted on 05/20/2008 10:57:54 AM PDT by Sub-Driver
House passes bill to sue OPEC over oil prices Tue May 20, 2008 1:53pm EDT
WASHINGTON (Reuters) - 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.
The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation.
"This bill guarantees that oil prices will reflect supply and demand economic rules -- instead of wildly speculative and perhaps illegal activities," said Democratic Rep. Steve Kagen of Wisconsin, who sponsored the legislation.
The White House opposed the bill, saying that targeting OPEC investment in the United States as a source for damage awards "would likely spur retaliatory action against American interests in those countries and lead to a reduction in oil available to U.S. refiners."
(Excerpt) Read more at reuters.com ...
Sheesh, a link would have sufficed. :/
Sheesh, a link would have sufficed. :/
Yeah. Within 5-20 years, this country will be a fascist deathculture. They’ll be rounding people up for liquidation. No questions any more about it.
im sure that many people figured out a long time ago that no matter what letter these idiots put behind their name, they are all one big happy anti-american family that needs to be replaced.
FINAL VOTE RESULTS FOR ROLL CALL 332
(Democrats in roman; Republicans in italic; Independents underlined)| Abercrombie Ackerman Aderholt Alexander Allen Altmire Arcuri Baca Bachmann Bachus Baird Baldwin Barrow Bean Becerra Berkley Berman Berry Biggert Bilbray Bilirakis Bishop (GA) Bishop (NY) Blackburn Bono Mack Boozman Boren Boswell Boucher Boyd (FL) Boyda (KS) Brady (PA) Braley (IA) Brown (SC) Brown, Corrine Brown-Waite, Ginny Buchanan Burton (IN) Butterfield Buyer Camp (MI) Campbell (CA) Cantor Capito Capps Capuano Cardoza Carnahan Carney Carson Castle Castor Cazayoux Chabot Chandler Childers Clarke Clay Cleaver Clyburn Cohen Conyers Cooper Costa Costello Courtney Cramer Crowley Cuellar Cummings Davis (AL) Davis (CA) Davis, David Davis, Lincoln DeFazio DeGette DeLauro Dent Dicks Doggett Donnelly Doyle Drake Dreier Duncan Edwards Ehlers Ellison Ellsworth Emanuel Emerson Engel English (PA) Eshoo Etheridge Farr Fattah Filner Forbes Fortenberry Fossella Foster Frank (MA) Gallegly Gerlach Giffords Gohmert Gonzalez |
Goode Goodlatte Gordon Graves Green, Al Green, Gene Grijalva Hall (NY) Hare Harman Hastings (FL) Hayes Heller Herger Herseth Sandlin Higgins Hill Hinchey Hinojosa Hirono Hobson Hodes Holden Holt Honda Hooley Hoyer Hunter Inslee Jackson (IL) Jackson-Lee (TX) Jefferson Johnson (IL) Johnson, E. B. Jones (NC) Jones (OH) Jordan Kagen Kanjorski Kaptur Keller Kildee Kilpatrick Kind King (NY) Kirk Klein (FL) Knollenberg Kucinich Kuhl (NY) LaHood Langevin Larsen (WA) Larson (CT) Latham LaTourette Latta Lee Levin Lewis (GA) Linder Lipinski LoBiondo Loebsack Lofgren, Zoe Lowey Lynch Mahoney (FL) Maloney (NY) Manzullo Markey Marshall Matsui McCarthy (NY) McCaul (TX) McCollum (MN) McCotter McDermott McGovern McHenry McHugh McIntyre McNerney McNulty Meek (FL) Meeks (NY) Melancon Mica Michaud Miller (MI) Miller (NC) Miller, George Mitchell Mollohan Moore (KS) Moore (WI) Moran (VA) Murphy (CT) Murphy, Patrick Murphy, Tim Murtha Musgrave Nadler Napolitano Neal (MA) Oberstar Obey Olver |
Ortiz Pallone Pascrell Pastor Payne Perlmutter Peterson (MN) Petri Pickering Platts Pomeroy Porter Price (NC) Rahall Ramstad Rangel Regula Rehberg Reichert Reyes Reynolds Richardson Rodriguez Rogers (AL) Rogers (KY) Rogers (MI) Ros-Lehtinen Roskam Ross Rothman Roybal-Allard Royce Ruppersberger Ryan (OH) Ryan (WI) Salazar Sali Sánchez, Linda T. Sanchez, Loretta Sarbanes Saxton Schakowsky Schiff Schwartz Scott (GA) Scott (VA) Sensenbrenner Serrano Sestak Shays Shea-Porter Sherman Shuler Simpson Sires Skelton Slaughter Smith (NJ) Smith (TX) Smith (WA) Snyder Solis Souder Space Speier Spratt Stark Stearns Stupak Sutton Tanner Tauscher Taylor Terry Thompson (CA) Thompson (MS) Tiberi Tierney Towns Tsongas Turner Udall (NM) Upton Van Hollen Velázquez Visclosky Walden (OR) Walsh (NY) Walz (MN) Wamp Wasserman Schultz Waters Watson Watt Waxman Weiner Welch (VT) Wexler Whitfield (KY) Wilson (OH) Wilson (SC) Wittman (VA) Wolf Woolsey Wu Wynn Yarmuth Young (FL) |
---- NAYS 84 ---
| Akin Barrett (SC) Bartlett (MD) Barton (TX) Bishop (UT) Blunt Boehner Bonner Boustany Brady (TX) Broun (GA) Burgess Calvert Cannon Carter Coble Cole (OK) Conaway Cubin Culberson Davis (KY) Deal (GA) Doolittle Everett Fallin Feeney Flake Foxx |
Franks (AZ) Frelinghuysen Garrett (NJ) Gingrey Granger Hall (TX) Hastings (WA) Hensarling Hoekstra Inglis (SC) Issa Johnson (GA) Johnson, Sam King (IA) Kline (MN) Lamborn Lampson Lewis (CA) Lewis (KY) Lucas Lungren, Daniel E. Mack Marchant McCarthy (CA) McCrery McKeon Miller (FL) Miller, Gary |
Moran (KS) Myrick Neugebauer Nunes Pearce Pence Peterson (PA) Pitts Poe Price (GA) Radanovich Renzi Rohrabacher Scalise Schmidt Shadegg Shimkus Shuster Smith (NE) Sullivan Tancredo Thornberry Tiahrt Walberg Weldon (FL) Weller Westmoreland Young (AK) |
---- NOT VOTING 26 ---
| Andrews Blumenauer Crenshaw Davis (IL) Davis, Tom Delahunt Diaz-Balart, L. Diaz-Balart, M. Dingell |
Ferguson Gilchrest Gillibrand Gutierrez Hulshof Israel Kennedy Kingston Matheson |
McMorris Rodgers Paul Pryce (OH) Putnam Rush Sessions Udall (CO) Wilson (NM) |
i have been saying this for awhile now and it will happen if the people of this country do not take a stand and soon.....
Exactly, if China continues it’s current economic growth rate their economy will use up ALL the world’s oil production.
God, these congresscritters are an embarassment!
ROTFLMAO! This is all the RAT-controlled majority can do, i.e., NOTHING. OPEC members are doing their own laughing as they cut production even more. Sheesh!
< spicket >
I believe you meant to type “spigot”.
I never know whether to laugh or cry when I see this kind of effluent from the halls of congress. The arrogance of these b@st@rds is unbounded. IF it were possible to bring those countries under US law, it would be possible to bring the US under their law. IF those governments were legally told what price to sell their product to us, they would stop selling to us. IF they were legally told what price to sell to the world, they would simply stop pumping oil until congress cried "Uncle." It ain't gonna rot there in the ground, waiting for a more propitious (for them) market.
And, congress doesn't have the time to legislatively set the wheels in motion to begin pumping our own oil.
I’m planning to sue idiotic members of Congress that refuse to allow us to drill for the 112 billion barrels of accessible oil within our borders...
Or, maybe we could be paying what the OPEC Arab, Muslim, and socialist countries are paying at the pump, while they thumb their noses at us!
Lowest prices in the world
Venezuela $0.12
Iran $0.40
Saudi Arabia $0.45
Libya $0.50
Swaziland $0.54
Qatar $0.73
Bahrain $0.81
Egypt $0.89
Kuwait $0.90
Source: AIRINC NOTE: Countries surveyed between March 19 and April 1
Jacksonville Daily News, May 5, 2008 Page 1A
Gas-price debate produces little beyond finger-pointing
Yeah, that’s what I was thinking. If this is the best that congress can offer, we better get rid of ALL of them.
If Clinton had allowed drilling back in the nineties, we’d be supplying a large portion of our own oil. The Democrats still think that if oil is expensive that we will use less. Democrats always like to tell us that they feel our pain, we should not underestimate how much they enjoy it.
Oklahoma Ping!
If you want on
or off this list
Freepmail me.
Oh Boy let me get this straight....the Democratically controlled House is sueing the union of oil producing countries? I’m sure of one thing somehow this will cost us taxpayers dearly!
The blind leading the blind.
Stupid asses!
On one hand we have oil prices:
“This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities,”
On the other hand we have housing prices
“This bill guarantees that housing prices will not reflect supply and demand economic rules, but wildly speculative and perhaps illegal activities,”
The irony is too much
Yes, thank you. Couldn’t visualize that word to save my soul.
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