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MI HCR0023
Concurrent Resolution
Status
6/12/2018
Primary Sponsor
Gary Glenn
Click for details
AI Summary
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Urges Congress to pass and the President to sign legislation establishing a commission to investigate OPEC practices that prevent or reduce competition in the global oil market.
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Calls on the President to establish a one-year commission of experts by executive action if Congress fails to pass relevant legislation, with authority to investigate OPEC and recommend counter-measures to market manipulation and price volatility.
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Identifies Michigan's automotive industry, employing nearly 975,000 people, as particularly vulnerable to OPEC's price-fixing strategies and market manipulation that create employment uncertainty.
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References pending H.R. 545 in Congress as the legislative vehicle for creating a United States Commission on the Organization of Petroleum Exporting Countries.
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Directs transmission of the resolution to the President, Senate President, House Speaker, and Michigan's congressional delegation.
Legislative Description
A concurrent resolution to urge the Congress and President of the United States to take certain actions to counter manipulation of the oil market by the Organization of Petroleum Exporting Countries.
President of the United States
Last Action
Referred To Committee On Government Operations
6/12/2018