US Senate Okays Bill On Legal Action Against Gas Cartel

ENERGY TECH

by Staff Writers
Washington (RIA Novosti) Apr 27, 2007
The U.S. Senate Judiciary Committee passed Wednesday a bill permitting legal action against foreign states for oil and gas price fixing and other uncompetitive activities.

The idea of an OPEC-style gas cartel was proposed in January by Iran, the world's second largest gas producer after Russia. President Vladimir Putin has backed the idea, although some Russian officials question the initiative.

The bill makes 'gas cartel' actionable under antitrust laws. The bill also authorizes lawsuits in the U.S. federal court against cartel members by the Justice Department and the Federal Trade Commission.

Russia's Foreign Ministry blasted the move, saying formation of alliances in the oil and gas sphere is the sovereign right of countries.

"This is not the first time attempts have been made by the United States to pass laws and spread their effects beyond its national jurisdiction," ministry spokesman Mikhail Kamynin said.

earlier related report

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

ENERGY TECH

Rebels To Release Chinese Hostages As Soon As Possible

Addis Ababa (AFP) Apr 26, 2007
Ethiopian rebels holding seven Chinese oil workers captured during an attack this week on an oil venture in Ethiopia said Thursday they would release them "as soon as possible".

CIVIL NUCLEAR Russia Nuclear Power Paradox Nuclear Power Not The Solution For China Says Official Russian Built Reactor Block 1 Powers Up In China EON To Buy Land In Finland For New Nuclear Plant	CLIMATE SCIENCE Oceanic Twilight Zone Plays Important Role In Climate Change Satellites Play Vital Role In Understanding The Carbon Cycle Mosquito Genes Explain Response To Climate Change China Delays Release Of Climate Change Report
FARM NEWS Fish Growth Enhanced By Climate Change Researcher Finds Negative Effects Of Colonization On Slash-And-Burn Farming In Borneo More Nutritious And Less Toxic Gates Grant To Help Poor Countries Contribute To Doomsday Seed Vault	FLORA AND FAUNA Birds Plan For Future Desires Rampaging Elephants Force Indonesians To Relocate Rangers Kill Two Rhino Poachers In Northeast India Sea Snails Break The Law
ROCKET SCIENCE UP Aerospace Readies Rocket For April 28 Launch NASA Modifies Orion Crew Exploration Vehicle Contract ATK, LockMart and PW Rocketdyne Present Proposal For Ares I Upper Stage NASA Buys Abort Test Boosters for Orion Flight Tests	NUCLEAR SPACE
EARTH OBSERVATION AIM Soars To The Edge Of Space For Unique Earth Observation Mission Cloudsat Standard Data Products Released To Science Community Envisat Symposium 2007 Kicks Off In Switzerland Scientists Meet To Review Envisat Results After Five Years Of Operations	TECH SPACE New Family Of Pseudo-Metallic Chemicals Could Create New Electronic Materials Ultrasound Upgrade Produces Images That Work Like 3-D Movies Scientists Design New Super-Hard Material Everything Starts With Recognition

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement