Posted on 10/20/2022 12:22:24 PM PDT by Skepolitic
The NOPEC bill, which would allow OPEC’s members to be sued under U.S. antitrust laws, has been placed on the Senate’s legislative calendar. Due to the packed legislative schedule before the midterms, the NOPEC bill will likely only be up for discussion after the elections. Interest in the NOPEC bill has intensified since the cartel agreed to a 2 million bpd cut to its November production quotas.
(Excerpt) Read more at oilprice.com ...
If you were an oil exporter, would you want to hold substantial accounts subject to the whims of Brandon's government?
And where do these geniuses think the court cases will take place? In America?
Schumer....We’re going to sue the Saudi’s.
Saudi Arabia....We’re recalling embassy staff, closing our embassy in DC and not selling you anymore oil. Good luck in court as we will not be there.
LBJ used to say that it was better to have someone inside the tent pissing out, rather than outside the tent pissing in. Guess the Commierats have forgotten that one. “WAAAAAHHHHH, THE SAUDIS WON’T HELP US WIN IN NOVEMBER!”
Another cluster finagle...
Biden should spend more time minding his own store. Run it properly and you would not care about the Saudis.
Trump had energy under control. Now we are beggars.
That’s the trick. Piss off the Saudis, watch them cut us off completely.
Since when do foreign countries have to obey our laws? Should the CEO of Anheuser-Busch be arrested by the Saudi religious police because he makes beer in the US in violation of the Koran and Saudi law?
Yes, the Sauds would be happy to start selling in Renminbi...
Biden’s goons need to be stopped before they make it impossible for us to come back as a country... ...
Vote like your life depends on it
The NOPEC bill, which would allow OPEC’s members to be sued under U.S. antitrust laws...
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Threatening to sue someone who has something you need seems like a poor trading tactic.
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