OH HCR16

Urges Congress to pass H.R. 545 to create a United States Commission on the Organization of Petroleum Exporting Countries (OPEC) to investigate anticompetitive practices in the global oil market

Requests President Donald Trump sign H.R. 545 into law, or alternatively establish a one-year executive commission to investigate OPEC market manipulation and price volatility

Cites Ohio job losses of 24.5% in oil and gas sector between 2014-2015, a 74% drop in oil rigs between January-March 2016, and predicted long-term loss of 6,715 jobs due to OPEC production manipulation

Expresses concern that Russian company Rosneft's $1.5 billion loan to Venezuelan company PDVSA could result in Russian ownership of Citgo, a major U.S. energy infrastructure holder, threatening American energy and national security

Directs House Clerk to transmit resolution copies to the President, Congressional leadership, Ohio Congressional delegation, and Ohio news media