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OPEC Faces a Bigger Problem in Washington Than Trump’s Tweets

  • U.S. lawmakers resurrect NOPEC bill in attempt to sue cartel
  • Trump supported the anti-OPEC law before becoming president
Bloomberg business news
OPEC Needs Steady Oil Price, Ayers Alliance's Barratt Says
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American politicians are at it again: punching OPEC.

The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is facing a renewed political assault in Washington, directly from President Trump’s Twitter account, and quietly, but potentially more dangerously, from Congress.