,,ii #aae? ,,congress #b;d ,session ,s4 #bibi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #bc1 #bjah,mr4 ,m>key introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to require ! ,unit$ ,/ates ,trade ,repres5tative to pursue a compla9t ( anticompetitive practices aga9/ c]ta9 oil export+ c\ntries4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,opec ,acc\ntability ,act ( #bjah4 #b4 ,actions to curb c]ta9 c>tel anticompetitive practices 7a7 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,gasol9e prices h increas$ by ne>ly #be p]c5t s9ce ! beg9n+ ( #bjag4 7#b7 ,ris+ gasol9e prices h plac$ an inord9ate burd5 on families 9 ! ,unit$ ,/ates4 7#c7 ,high gasol9e prices h h9d]$ & w cont9ue to h9d] economic gr[?4 7#d7 ,! ,organization ( ,petroleum ,export+ ,c\ntries 79 ?is subsection ref]r$ to z ,,opec7 & "s non-,,opec oil-produc+ c\ntries h =m$ a c>tel & engag$ 9 anticompetitive practices to r$uce global oil /ockpiles 9 ord] to drive up prices4 7#e7 ,eight memb] nations ( ,,opec--,ecuador1 ,indonesia1 ,kuwait1 ,nig]ia1 ,qat>1 ,saudi ,arabia1 ,unit$ ,arab ,emirates1 & ,v5ezuela--are also memb]s ( ! ,_w ,trade ,organization4 ,iran1 ,iraq & ,libya are also ,obs]v] ,gov]nm5ts ( ! ,_w ,trade ,organization4 7#f7 ,! coord9at$ drawd[n ( global oil /ockpiles & result+ high prices h>m families 9 ! ,unit$ ,/ates1 und]m9e ! economy ( ! ,unit$ ,/ates1 imp$e comm]ce 9 ! ,unit$ ,/ates & ?r\gh\t ! _w1 & are contr>y to ! national int]e/s ( ! ,unit$ ,/ates4 7b7 ,action by ,presid5t 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,presid5t %all1 n lat] ?an #ae days aft] ! date ( ! enactm5t ( ?is ,act1 initiate consultations ) ! c\ntries describ$ 9 p>agraph 7#b7 to seek ! elim9ation by ^? c\ntries ( any action t-- 7,a7 limits ! production or di/ribution ( oil1 natural gas1 or any o!r petroleum product2 7,b7 sets or ma9ta9s ! price ( oil1 natural gas1 or any o!r petroleum product2 or 7,c7 o!rwise is an action 9 re/ra9t ( trade ) respect to oil1 natural gas1 or any o!r petroleum product1 :5 su* action con/itutes an act1 policy1 or practice t is unju/ifiable "u obligations ( ! ,,gatt #aiid4 7#b7 ,c\ntries describ$ ,! c\ntries describ$ 9 ?is p>agraph are ! foll[+3 7,a7 ,! foll[+ memb]s ( ,,opec3 7i7 ,alg]ia4 7ii7 ,angola4 7iii7 ,ecuador4 7iv7 ,equatorial ,gu9ea4 7v7 ,gabon4 7vi7 ,iran4 7vii7 ,iraq4 7viii7 ,kuwait4 7ix7 ,libya4 7x7 ,nig]ia4 7xi7 ,qat>4 7xii7 ,saudi ,arabia4 7xiii7 ,unit$ ,arab ,emirates4 7xiv7 ,v5ezuela4 7,b7 ,! foll[+ oil-produc+ c\ntries t are n memb]s ( ,,opec3 7i7 ,az]baijan4 7ii7 ,bahra94 7iii7 ,brunei4 7iv7 ,kazakh/an4 7v7 ,malaysia4 7vi7 ,mexico4 7vii7 ,oman4 7viii7 ,russia4 7ix7 ,s\? ,sudan4 7x7 ,sudan4 7c7 ,initiation ( ,,wto dispute proce$+s ,if ! consultations describ$ 9 p>agraph 7#a7 ( subsection 7b7 are n successful ) respect to any c\ntry describ$ 9 p>agraph 7#b7 ( t subsection1 ! ,unit$ ,/ates ,trade ,repres5tative %all1 n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 in/itute proce$+s pursuant to ! ,und]/&+ on ,rules & ,proc$ures ,gov]n+ ! ,settlem5t ( ,disputes ) respect to t c\ntry & %all take appropriate action ) respect to t c\ntry "u ! trade rem$y laws ( ! ,unit$ ,/ates4 7d7 ,def9itions ,9 ?is section3 7#a7 ,,gatt #aiid ,! t]m ,,gatt #aiid means ! ,g5]al ,agreem5t on ,t>iffs & ,trade annex$ to ! ,,wto ,agreem5t4 7#b7 ,und]/&+ on rules & proc$ures gov]n+ ! settlem5t ( disputes ,! t]m ,und]/&+ on ,rules & ,proc$ures ,gov]n+ ! ,settlem5t ( ,disputes means ! agreem5t describ$ 9 section #aja7;d77#af7 ( ! ,uruguay ,r\nd ,agreem5ts ,act 7#ai ,u4,s4,c4 #ceaa7;d77#af774 7#c7 ,_w ,trade ,organization ,! t]m ,_w ,trade ,organization means ! organization e/abli%$ pursuant to ! ,,wto ,agreem5t4 7#d7 ,,wto ,agreem5t ,! t]m ,,wto ,agreem5t means ! ,agreem5t ,e/abli%+ ,! ,_w ,trade ,organization ent]$ into on ,april #ae1 #aiid4