NOPEC Act: US Energy Policy's Future
The No Oil Producing and Exporting Cartels Act (NOPEC) has been a recurring element in US energy policy debates. Its aim is to curb the Organization of the Petroleum Exporting Countries' (OPEC's) influence on global oil prices. Despite repeated attempts, NOPEC remains unsigned into law. This article examines the complexities behind its stalled progress. Legal Roadblocks: Sovereign Immunity and the Challenges Ahead A primary obstacle is sovereign immunity. This legal principle shields foreign governments from lawsuits in US courts....