OH SCR14

Request Congress to pass H.R. 545, the United States Commission on the Organization of Petroleum Exporting Countries Act, to investigate OPEC practices that prevent or reduce competition in the global oil market.

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

Cite Ohio job losses in the oil and gas sector, including 24.5% employment decline between 2014-2015 and 74% reduction in oil rigs between January-March 2016, with predictions of 1,105 short-term and 6,715 long-term job losses.

Address concerns about Russian state-owned oil company Rosneft's $1.5 billion loan to Venezuelan company PDVSA using Citgo as collateral, which could undermine U.S. energy and national security if PDVSA defaults.

Direct the Ohio Senate Clerk to transmit copies of the resolution to the President, House and Senate leadership, Ohio's Congressional delegation, and Ohio news media.