Speculation In the Crude Oil Market

Permanent Subcommittee on Investigations

Tuesday, December 11, 2007
10:00 AM

The Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs and the Subcommittee on Energy of the Committee on Energy and Natural Resources have scheduled a hearing, "Speculation In the Crude Oil Market," for Tuesday, December 11, 2007, at 10:00 a.m., in Room 216 of the Hart Senate Office Building. (This hearing was previously scheduled for November 15, 2007.)

This joint hearing of the Permanent Subcommittee on Investigations and the Subcommittee on Energy will examine the role of speculation in recent record crude oil prices.

Witnesses

Panel 1

• THE HONORABLE GUY F. CARUSO [view testimony]
  Administrator, Energy Information Administration
  U.S. Department of Energy
• MR. FADEL GHEIT [view testimony]
  Managing Director and Senior Energy Analyst
  Oppenheimer & Co. Inc.
• DR. EDWARD N. KRAPELS [view testimony]
  Director, Financial Energy Market Services
  Energy Security Analysis, Inc.
• DR. PHILIP K. VERLEGER, JR. [view testimony]
  President
  PK Verleger, LLC