Carl Levin actually said...

"Well, thank you all very much for your testimony."

"Well, I am not sure I understand your explanation as to why you disagree that the storage cost shift cannot explain this increase in the gap between futures and cash prices. Try it again."

"And that there not be waivers or exemptions?"

"So you would agree that the basis, the price gap, is larger than has been historically the case, is that correct?"