Senate Considers Expanding Regulatory Power to Counter ‘excessive Speculation’ in Gas Market
Michael Giberson Proposals to increase government oversight of the energy markets, particularly over-the-counter trading, are unlikely to reduce volatility in those markets, some market analysts predict. So begins a Dow Jones Newswire story on the reaction to the Senate Permanent Subcommittee on Investigations report on “excessive speculation” in natural gas markets. (I discussed the report …