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HR 6130 110th Congress House Energy Administrative procedure Commerce Congress Congressional reporting requirements Derivative securities Energy prices Finance and Financial Sector Foreign Trade and International Finance Futures trading Gas industry Gasoline Government Operations and Politics Governmental investigations Independent regulatory commissions Law Petroleum industry Securities regulation

To provide for a study of the effects of speculation in the futures markets for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities and on the choice of trading venue, and to require the Commodity Futures Trading Commission to issue a notice of proposed rulemaking regarding comparability of foreign regulation of futures and derivatives trading.

Introduced: May 22, 2008 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2008
Referred to the Committee on Agriculture, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 22, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Requires the Federal Trade Commission (FTC), the Board of Governors of the Federal Reserve System, and the Energy Information Agency to conduct a joint study and report to specified congressional committees on the effects of speculation in the domestic and foreign futures markets for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities.

Requires the Commodity Futures Trading Commission (CFTC) to: (1) issue a notice of proposed rulemaking regarding how the CFTC determines whether regulation of futures contracts and derivatives by a foreign country is comparable to regulation of such under the Commodity Exchange Act; (2) evaluate any comments submitted; and (3) determine whether the CFTC should issue a proposed rule regarding the matter.

What's happening now May 22, 2008

Referred to the Committee on Agriculture, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Republican 2