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Opening Statement of Chairman Heath Tarbert Before the Energy and Environmental Markets Advisory Committee
Good morning. I am very pleased to be attending my first EEMAC meeting as CFTC Chairman. America’s energy markets are part of the bedrock of our economy. The United States is the world’s largest producer of both natural gas and oil.[1] It’s the second-largest generator of electricity overall.[2] One of my strategic goals as Chairman is to regulate our derivatives markets to promote the interests of all Americans. This is critical for energy in particular. Energy derivatives markets affect the pocketbook of every American, from the price of gasoline at the pump to the cost of heating our homes. To achieve this ... (full story)