Video -- Hearing on Energy Speculation: Is Greater Regulation Necessary?

This hearing examines how manipulation is affecting energy markets, including oil and natural gas. The hearing discusses, among other topics, the case of Amaranth, a $9 billion hedge fund that manipulated natural gas prices and ultimately came under investigation. Another topic is what the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) -- two agencies that share jurisdiction over these matters -- have done to address the problem of energy market regulation.