VOL. XLIV

No. 06

5-February-2001

OPEC

Legislation Reintroduced AgainstOPEC

On 31 January Representative PeterDeFazio (D-OR) tabled a bill in the House designed to penalize OPEC memberstates for reducing crude production and increasing the price of oil. MrDeFazio reintroduced a bill from last year that would require President Bush tofile a complaint with the World Trade Organization (WTO) charging OPEC withrestricting exports (MEES, 10 April 2000). The representative also wroteto President Bush on...