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Prodigy, 21, about to become doctor
WASHINGTON, May 23 (UPI) -- The U.S. House of Representatives passed a bill that allows lawsuits to be filed against OPEC members for gas-price gouging through production quotas.
"We don't have to stand by and watch OPEC dictate the price of gas," Judiciary Committee Chairman John Conyers, D-Mich., the bill's chief sponsor, told reporters. The House vote was 345-72.
Last year, Organization of Petroleum Exporting Countries members agreed to cut production by 1.1 million barrels a day to counter what had been a buildup of world oil stocks, which Conyers said was a "price fixing conspiracy," CBS News reported.
The House measure would change antitrust laws and would remove the immunity given a sovereign state against price-fixing lawsuits. OPEC accounts for 40 percent of the world's oil production and gas prices throughout North America are at near-record highs.
A similar bill is awaiting a vote in the Senate, while U.S. President George Bush has spoken out against it, claiming lawsuits could trigger retaliatory measures and lead to oil supply disruptions, the report said.
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CHICAGO, June 4 (UPI) --
A 21-year-old Chicago-area man is about to become the youngest person ever to receive a medical degree from the University of Chicago, officials say.
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LAS VEGAS, June 4 (UPI) --
Nineteen-year-old Miss Rhode Island USA Olivia Culpo was named Miss USA 2012 at a pageant in Las Vegas.
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WASHINGTON, June 4 (UPI) --
So-called tar sand oil, the dominant type of Canadian crude, is an international issue because of the global environmental threats, an activist said.
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