03/03/2009
https://www.congress.gov...
"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."
"Well, thank you all very much for your testimony."
"I think that we have the clear authority to do it as it relates to the two no-action letters."
"And when are you going to be deciding whether to carry out that mandate--in other words, remove the exemptions, remove the waivers?"