Trump official slams cartels as U.S. lawmakers push anti-OPEC bill | Reuters:
A senior administration official said on Friday that U.S. national security depends on affordable energy, and slammed cartels when asked if President Donald Trump would support a bill targeting the OPEC production group’s oil supply cuts.
“The United States is firmly committed to open, fair and competitive markets for global energy trade,” said the official, who spoke on condition of anonymity. “We do not support market-distorting behavior, including cartels.”
The House of Representatives’ Judiciary Committee on Thursday unanimously passed the No Oil Producing and Exporting Cartels, or NOPEC, bill. House Majority Leader Steny Hoyer, who has supported NOPEC in the past, was reviewing the bill, an aide said, but there was no indication whether a vote in the full House would be scheduled.
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