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  Commodities Futures Trading Commission Oversight - Testimony  
   

Issue Brief (PDF) | Testimony | News Video

 
  2007
  • 6-25-2007
    Sean Cota testified before the (Part I) Senate Committee on Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations hearing “Excessive Speculation in the Natural Gas Market, examining how trading by a single hedge fund, Amaranth LLC, led to high prices and extreme price volatility in natural gas market in 2006.”

     

  • 7-12-2007
    Craig Eerkes testified House Subcommittee on General Farm Commodities & Risk Management. About need to expand oversight responsibilities of CFTC to include ICE and OTC energy contracts.

     

  • 9-18-2007
    Sean Cota testifies before CFTC.

     

  • 12-12-2007
    Sean Cota testifies before the House Energy Committee, Subcommittee on O&I hearing, “Energy Speculation: Is Greater Regulation Necessary to Stop Price Manipulation?”

2008

  • 3-25-2008
    Testimony before the Senate Energy and Natural Resources Committee Subcommitteeon Energy, Washington, DC

     

  • 4-3-2008
    Sean Cota testified before Senate Energy Committee.

     

  • 5-15-2008
    Gerry Ramm of Inland Oil Company in Ephrata, WA, before the House Committee on Agriculture’s Subcommittee on General Farm Commodities and Risk Management. The purpose of the hearing is to review recent trading activity in the commodity futures markets and the relationship to higher fuel prices. PMAA believes the energy markets have disconnected from the physical fundamentals and futures market reforms are needed.

     

  • 6-3-2008
    Gerry Ramm of Inland Oil Company in Ephrata, WA, testified before the Senate Committee on Commerce, Science, and Transportation. The Full Committee hearing on Energy Market Manipulation and Federal Enforcement Regimes examined energy market manipulation and the state of the oil and gas markets and their impact on consumers, as well as solicited testimony and discussion as to the key factors the Federal Trade Commission should incorporate into its upcoming rulemaking on its new responsibility to prevent manipulation in the wholesale oil and petroleum distillate markets.

     

  • 6-23-2008
    The House Energy and Commerce Subcommittee on Investigations held a hearing to address whether excessive speculation is driving energy prices to record levels. ICPA Executive Director Gene Guilford testified before the subcommittee by offering a first-hand account of how skyrocketing energy prices are affecting petroleum marketers.

     

  • 7-11-2008
    Testimony before the House Agriculture Committee, United States House of Representatives, Washington, DC

2009

   
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