Opec backlash brews as US lawmakers eye 1890 law as club

WASHINGTON (BLOOMBERG) - Some US lawmakers are seizing on the energy price surge to revive long-standing legislation that would subject the Opec oil cartel to the same antitrust laws used more than century ago to break up Standard Oil's monopoly. The "No Oil Producing and Exporting Cartels Act" - known as NOpec - would allow the US government to sue members of the Organization of Petroleum Exporting Countries for manipulating the energy market, potentially seeking billions of dollars in reparations. The legislation faces difficult odds amid concerns about diplomatic fallout that has led the State Department to oppose it in the past. But the House Judiciary Committee did approve the latest iteration by a voice vote in April. A Senate version has attracted sponsors from across the political spectrum, from Iowa's conservative Republican Chuck Grassley to Vermont's liberal Democrat Patrick Leahy. No floor votes have been scheduled. "We've been talking to a number of members about it," Mr Leahy said in an interview on Wednesday (Nov 17). He said he intended to discuss the legislation in a floor speech. While Opec hasn't set prices since the 1980s, its members periodically agree to boost...

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#ContinuumBlockLegs – March Continuum Blockchain Legislation Summit

SAN FRANCISCO, CA, Mar 16, 2021 - (ACN Newswire via SEAPRWire.com) - Continuum Market and Kristina Bruhahn present #ContinuumBlockLegs March Blockchain Legislation Summit, the global virtual summit monthly meeting series with upcoming dates kicking off Friday, March 19th, aims to foster U.S. State & Federal Bipartisanship and Global Cross-Border policy discussions and consensus to create safe harbors of commerce in blockchain. Bring your curiosity and connect with a global community through breakout sessions and networking receptions. Participate in main stage content and roundtables on blockchain policy, blockchain brands and product offerings, and the latest in blockchain and cryptocurrency investing.Participants will have the opportunity to listen to innovators, entrepreneurs, investors, and blockchain brands on the frontlines who have developed solutions to global issues at scale addressing payment gateway policy shaping the global economy, education, food security, climate change, space exploration, and more.United in the mission to create safe lanes of commerce faster than legislation has ever been crafted before, trusted blockchain brands actively want to work with State...

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Continuum Blockchain Legislation Summit on February 19

SAN FRANCISCO, CA, Feb 17, 2021 - (ACN Newswire) - Continuum Market hosts a monthly event to discuss the future of United States & Cross-Border Blockchain Legislation. The next Continuum Blockchain Legislation Summit, a virtual monthly event, is scheduled to take place on Friday, 19th February 2021. The event brings together thought leaders, policy makers, and blockchain advocates shaping US and Global Legislation. Ally Medina (CA) joins Kristina Bruhahn and Jeremy Foreman for a one-hour panel discussion on blockchain technology applications to California and how legislation needs to be crafted to retain and attract businesses and entrepreneurs.Want to meet the Continuum.Market Brands?The event continues for two hours of additional networking at booths, roundtables, 1:1, and in the Continuum World VR Experience. You can meet trusted blockchain brands like Prasaga, YFDAI.Finance, Wise Token, CommunityElectricity.io, Plato Data, CryptoMinerTips.com, SHEQonomi, #DoRealGood and more. All Continuum.Market brands participate in Continuum World giveaways, events and promotions. Follow @continuum3000 to learn more.To prepare for the event, Continuum recommends reading the following art...