Senator Moran made a prepared statement.
12/05/2011
https://www.congress.gov...
The credibility of any regulatory framework is also critical to ensuring its success.
And I think your testimony was an indication that with that magnitude of speculation, there is a consequence to the price, either up or down...
I support the President's energy policy to reduce our reliance on foreign sources of energy, including oil.
We all benefit from effective oversight that promotes fair and orderly derivative markets.