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Congress Debates Increased Oversight of Natural Gas Markets

July 16th, 2007 by mopns · No Comments

From the Energy Legal Blog:

In the wake of higher natural gas prices and the perceived impact of a large hedge fund (now-collapsed Amaranth Advisors) on gas prices, various Congressmen continue efforts to increase oversight of over-the-counter (OTC) natural gas trading. Most recently, a bipartisan bill, introduced by Representatives Sam Graves (R-MO) and John Barrow (D-GA), would require that all large gas trading positions — whether futures or OTC — be reported to the Commodity Futures Trading Commission (CFTC). Read more…



Tags: Rep. Sam Graves

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