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The No Oil Producing and Exporting Cartels (NOPEC) bill is intended to protect U.S. consumers and businesses from engineered spikes in the cost of gasoline and heating oil, but some analysts... More @Wikipedia
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- Explainer: Why NOPEC, the U.S. bill to crush the OPEC cartel, mattersThe No Oil Producing and Exporting Cartels (NOPEC) bill is intended to protect U.S. consumers and businesses from engineered spikes in the cost of gasoline and heating oil, but some analysts...
- OPEC - WikipediaThe Organization of the Petroleum Exporting Countries (OPEC, / ˈoʊpɛk / OH-pek) is a cartel enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.
- Organization of the Petroleum Exporting Countries (OPEC) - InvestopediaThe Organization of the Petroleum Exporting Countries is a cartel consisting of 13 of the world’s major oil-exporting nations. OPEC aims to regulate the supply of oil in order to set the price ...
- Opec: What is it and what is happening to oil prices?Opec was formed in 1960 as a cartel, which aimed to fix the worldwide supply of oil and its price. Opec nations produce about 30% of the world's crude oil., external Saudi Arabia is the biggest...
- OPEC in a Changing World | Council on Foreign RelationsLed by the Arab oil ministers, OPEC retaliated with an embargo against the United States and a few other allies of Israel and began to cut production. Consumers panicked and markets tightened.
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