A word of cautious
Before the congress send the lawyers to sue OPEC, it might be wise to check if US is not committing the same crime:
I am sure, either through scheming or more likely incompetence, that OPEC countries are under-supplying their potential capacity for oil production. But if we want to deem this a crime, who is the biggest criminal? The US is the only country I know of that has, by statute, made illegal the development of enormous domestic reserves. Just last week, Democrats in Congress, in fact the exact same folks sponsoring this bill, voted to continue an effective moratorium on US oil shale development. No country in the world is doing less to develop the most promising oil reserves than is the US. Congress, sue thyself. I mocked this idea weeks ago when Hillary first suggested it. If this passes, I would love to see the US counter-sued for not developing ANWR. Or large areas of the Gulf. Or most of the Pacific coast. Or all of the Atlantic coast. Or our largest-in-the-world oil shale deposits.
Since this populist legislation was never intended to be executed, only to create some notion among potential voters, we will not have the pleasure to see this scenario tested. What a shame…