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Source: www.pmaa.org
Tags: Oil Price Futures
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Mar 28, 2011 – Updated April 2011. OIL FUTURES MARKET REFORM … to use futures contracts to determine a fair price for energy based on real-world supply …

OIL FUTURES MARKET REFORM
The Commodity Futures Trading Commission (CFTC) is the federal government regulator of commodity futures/swaps (derivatives) markets in the United States. Energy derivatives contracts that fall under CFTC jurisdiction include: crude oil, gasoline, ultra low sulfur diesel (ULSD), heating oil, electricity and natural gas. Trading of these derivatives contracts takes place predominately on the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE)

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