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![handle is hein.usccsset/usconset50388 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
110TH CONGRESS REPORT
1st Session HOUSE OF REPRESENTATIVES 110-160
NO OIL PRODUCING AND EXPORTING CARTELS ACT OF 2007
(NOPEC)
MAY 21, 2007.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mr. CONYERS, from the Committee on the Judiciary,
submitted the following
REPORT
together with
SUPPLEMENTAL VIEWS
[To accompany H.R. 2264]
[Including cost estimate of the Congressional Budget Office]
The Committee on the Judiciary, to whom was referred the bill
(H.R. 2264) to amend the Sherman Act to make oil-producing and
exporting cartels illegal, having considered the same, reports favor-
ably thereon with an amendment and recommends that the bill as
amended do pass.
CONTENTS
Page
The A m endm ent ..................................................................................................... 2
Purpose and Sum m ary ............................................................................................ 2
Background and Need for the Legislation ............................................................. 3
H earings ................................................................................................................... 6
Com m ittee Consideration ........................................................................................ 6
C om m ittee V otes ...................................................................................................... 6
Com m ittee Oversight Findings .............................................................................. 6
New Budget Authority and Tax Expenditures ..................................................... 6
Congressional Budget Office Cost Estimate ......................................................... 6
Performance Goals and Objectives ......................................................................... 7
Constitutional Authority Statem ent ..................................................................... 8
A dvisory on Earm arks ............................................................................................ 8
Section-by-Section Analysis ................................................................................... 8
Changes in Existing Law Made by the Bill, as Reported ..................................... 8
Supplem ental V iew s ................................................................................................ 10](ViewImageLocal?handle=hein.usccsset/usconset50388&div=1&collection=&method=preview&ext=.png&size=3)