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United States · Bill · S

S. 1349 (96th)

A bill to create an International Council of Oil Importing Nations.

referredUnited States· United States Congress· EN

Introduced

14 June 1979

Last action

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Status

Referred to Senate Committee on Foreign Relations.

Sponsors

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Subjects

Discovery layer

Source updated

14 January 2025

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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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