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United States · Bill · HR

H.R. 4574 (96th)

A bill to provide for a Council of Oil Importing Nations, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

21 June 1979

Last action

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Status

Referred to House Committee on Foreign Affairs.

Sponsors

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Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Expresses the congressional intention that the President initiate negotiations with other oil importing nations to establish a Council of Oil Importing Nations to negotiate for reasonable oil prices with the Organization of Petroleum Exporting Countries. Directs the President to develop and submit to such Council a set of appropriate sanctions to be used by such Council to encourage compliance with negotiated oil prices. Requires the President to report to Congress concerning progress with such negotiations.

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Documents

1 official file

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Sources

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