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 <subject>Commodity futures</subject>
 <subject>Commodity marketing</subject>
 <subject>Energy marketing</subject>
 <subject>Financial futures</subject>
 <subject>Fraud</subject>
 <subject>Fuel prices</subject>
 <subject>Independent regulatory commissions</subject>
 <subject>Prices and pricing</subject>
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 <title>Futures Markets: Approach for Examining Oversight of Energy Futures</title>
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<abstract>Record high crude oil and natural gas prices have generated
significant concerns by the public and members of Congress that  
the high and relatively volatile prices may be the result of	 
factors other than market forces. Several members of the House	 
and the Senate have expressed concerns over the upward trending  
prices and factors that may be causing the perceived increases in
volatility of several energy commodities, including crude oil,	 
gasoline, natural gas, and heating oil. As a result, we initiated
this study under the authority of the Comptroller General. This  
testimony focuses on our ongoing study of (1) changes in energy  
futures markets and volatility since 2000 and (2) CFTC		 
surveillance and enforcement activities in the oversight of	 
energy futures trading.</abstract>
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<note>Testimony</note>
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 <topic>Commodity futures</topic>
 <topic>Commodity marketing</topic>
 <topic>Energy marketing</topic>
 <topic>Financial futures</topic>
 <topic>Fraud</topic>
 <topic>Fuel prices</topic>
 <topic>Independent regulatory commissions</topic>
 <topic>Prices and pricing</topic>
 <topic>Risk management</topic>
 <topic>Government agency oversight</topic>
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