H.R. 6130 would provide for a study of the effects of speculation in the futures markets for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities and on the choice of trading venue, and to require the Commodity Futures Trading Commission to issue a notice of proposed rulemaking regarding comparability of foreign regulation of futures and derivatives trading.

== Detailed Summary ==

<summary>
(Log in to editRequires the wikiFederal Trade Commission (FTC), the Board of Governors of the Federal Reserve System, and be the firstEnergy Information Agency to provideconduct a detailed summaryjoint study and report to specified congressional committees on the effects of speculation in the domestic and foreign futures markets for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities.

Requires the Commodity Futures Trading Commission (CFTC) to: (1) issue a notice of proposed rulemaking regarding how the CFTC determines whether regulation of futures contracts and derivatives by a foreign country is comparable to regulation of such under the Commodity Exchange Act; (2) evaluate any comments submitted; and (3) determine whether the CFTC should issue a proposed rule regarding the bill!)matter.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 5/22/2008: Referred to House committee. Status: Referred to the Committee on Agriculture, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->