Jack Reed actually said...

"For a nonfinancial company, you could be doing hedging as an end user, but you could also be very aggressive in your hedging."

"I think it is really incumbent upon the regulators to figure out how to write a rule that allows legitimate hedging to go forward as it needs to, but it must be really, genuinely risk-mitigating hedgi..."

"Well, you know, that was my presumption too. So I think if you could clarify that, that would be helpful to us."

"I've received letters from the directors of nine State environmental agencies, and I think Senator Murkowski and others have received the letters."