In the U.S. Congress introduced a bill on the investigation of the activities of OPEC


Under the bill, registered in the U.S. Congress, proposes to create a bipartisan Commission that will investigate possible actions of OPEC, aimed at the monopolization of the oil market and the elimination of competitors. Following the work of this body will be given recommendations that will allow the U.S. to reduce its dependence on such actions, the document says.

The object of inquiry is proposed to be done in addition to the cartel of its members, state-controlled companies in the OPEC countries and related entities in the oil markets. The responses from the US can touch “, including taxes, trade, military supply, scientific research and diplomatic relations.”

One of the initiators of the bill was Republican Congressman from North Dakota, Kevin Kramer, who is also the Advisor on energy presidential candidate Donald trump. He told the Financial Times that should be checked, not he violated the cartel rules of the competition to strengthen their market position.

Trump had previously proposed to impose restrictions on the oil trade, which could mean an embargo on energy imports from Saudi Arabia to force the Kingdom to abandon support for radical Islamists, the newspaper reminds.

The FT notes that the US concern about the actions of OPEC tied to the collapse in oil prices, which led to the bankruptcy of more than 130 American companies and reduction 131 thousand jobs. One of the factors that influenced the fall of prices is the strategy of Saudi Arabia, which kept production at over 10 million barrels./day instead of to reduce it and to reduce the pressure on the market, the newspaper writes.

Earlier, the US has taken legal action against OPEC. In particular, the FT recalls, in 2008 the cartel was sued for violations of antitrust laws, but the proceedings ended inconclusively.

The aggravation of relations between the U.S. and Saudi Arabia comes amid demands to publish uncut 28 pages of the congressional report on investigation of the terrorist attacks of September 11, 2001. In notanswering version of this document can data about participation in terrorist attacks, Saudi authorities, said the FT.

On Tuesday, the U.S. Senate approved a bill that allows the families of victims of the September 11 attacks to sue Saudi Arabia to demand the compensation for damages. However, President Barack Obama is likely to veto this law, writes the FT.