Posted AT 1:40 PM EDT on 20/05/08
U.S. House passes bill to sue OPEC over oil prices
WASHINGTON — The U.S. House of Representatives approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working to set crude prices, but the White House has threatened to veto the measure.
The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow.
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