Letter to CFTC Requesting Meeting of the Commission’s Energy & Environmental Advisory Committee
October 14, 2026
Chairman Michael S. Selig
U.S. Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW
Washington, DC 20581
Dear Chairman Selig,
I have served as a member of the Commission’s Energy & Environmental Advisory Committee for more than 15 years.[1]
Section 2 of the Commodity Exchange Act states that the Energy & Environmental Advisory Committee “shall hold public meetings . . . not less frequently than 2 times per year.”[2] Since the Committee has not met since May 28, 2025, the Commission is not in compliance with the law.
I am therefore requesting that a meeting be scheduled as soon as practically possible, as there are numerous pressing matters requiring the Committee’s attention:
- It is widely reported that the Commission retracted a study of billions of dollars of suspicious oil trades made minutes before a market-disrupting social media post by President Donald J. Trump.[3]
- War-related upheaval continues to significantly impact U.S. commodity markets, and exacerbate the energy affordability crisis experienced by America’s working families.[4] The Committee is poised to provide the Commission with valuable insight and perspective on these issues to assist it in ensuring end-users have access to well-functioning markets.
- The Commission’s consideration of expanding oil trading to 24 hours a day, 7 days a week presents significant challenges to market integrity.
- Whether allowing prediction markets to offer core energy commodity contracts[5] is aligned with the Commodity Exchange Act and the public interest, and similar concerns about prediction market offerings of extreme weather related products.[6]
- The need to examine whether the Commission’s approach to implementing position limits to address excessive speculation requires modifications.
- Assessment of the credibility of voluntary carbon markets, and the Commission’s ongoing investigation of their integrity.[7]
Thank you for your prompt attention to this request.
Respectfully submitted,
Tyson Slocum, Energy Program Director
Public Citizen, Inc.
(202) 256-3152
[email protected]
cc: Dena E. Wiggins, EEMAC Chair
Natural Gas Supply Association
[1] www.cftc.gov/About/AdvisoryCommittees/EEMAC
[2] 7 USC § 2(a)(15).
[3] www.bloomberg.com/news/features/2026-10-13/cftc-staff-told-to-retract-analysis-of-suspicious-oil-trades-on-iran
[4] See, for example, www.citizen.org/wp-content/uploads/CFTCBehnam.docx
[5] www.bloomberg.com/news/articles/2026-10-07/kalshi-submits-bid-for-perpetual-style-oil-contract-to-cftc
[6] www.bloomberg.com/news/articles/2026-08-03/prediction-market-bets-on-wildfires-draw-scrutiny-from-senators
[7] www.bloomberg.com/news/articles/2026-09-15/cftc-probes-voluntary-carbon-credits-as-market-scrutiny-grows