Bush admin opposes Democratic push to sue OPEC

[sabra]

Source: Reuters

WASHINGTON (Reuters) - The Bush administration on Tuesday said it would likely veto a Democratic-sponsored bill in the U.S. Congress that would allow the government to sue the OPEC oil producers group for price manipulation.

Committees in both the Senate and House of Representatives have approved versions of the "No Oil Producing and Exporting Cartels Act of 2007," or "NOPEC."

The bill would revoke the sovereign immunity OPEC members currently enjoy from U.S. legal action and allow the Justice Department to sue them in U.S. courts.

The White House said the bill could actually lead to higher crude oil and gasoline prices, and that foreign nations would likely retaliate by limiting U.S. access to global oil supply.

...

If the current "NOPEC" bill is sent to President George W. Bush to be signed into law, "his senior advisors would recommend that he veto the bill," the White House said.

Read more: http://www.reuters.com/article/politicsNews/idUSN2242484120070522

[sakabatou]

1. "C'mon, my buddies needs them deee-naro!

If they're sued, the commies will get they're hard, earned money."

[MessiahRp]

2. Can't say I am shocked there...

Bush could give a fuck about the American people. His benefactors need more money damn it! Haven't we figured this whole thing out yet with his willingness to sacrifice American lives for oil in Iraq?

Rp

[Egnever]

3. beat me to it

I am more suprised this would be news to anyone than I am at the news itself.