Senator Coburn talked about West Texas intermediate. That contract has converged, and it has a different contract design...
Do you think those have any impact at all on price swings? Do you think the average investor who is being told to invest...
So people are going to start loading out of CME to somewhere else in the world if it is not fixed?
I want to thank you for calling this important hearing.
What are the potential unintended consequences if you were to do that? Have you thought through that?
Our report, which was issued by myself and Senator Coburn last month, concludes that the huge number of wheat futures co...
What do you attribute the tremendous increase in activity in index funds, especially as related to commodities?
But there is some risk?
If you do all those things, won't this money go to an overseas market?
So who makes the money off that?
Well, but they do sell. They just roll.
So delivery does have a lot to do with some of this lack of convergence?
So to me, no action by the United States in slowing down and limiting our own economy through a cap-and-trade scheme is ...
The American people do not want Congress gambling with their future.
Now, this is not me. This is said by Mr. Chu, a winner of the Nobel Prize in Physics.
The authors of this bill, to me, are overstating their case, and the taxpayers should be concerned about taking another ...
the Waxman-Markey bill has been entitled the American Clean Energy and Security Act. It is also known as ACES. And ACES ...
Claims that GHG cap-and-trade can boost total employment have become commonplace . . . these claims are incorrect.