The CFTC has added four associate members to the Energy and Environmental Markets Advisory Committee (EEMAC) to help the regulator as it considers rules and issues impacting America’s energy producers, utilities, consumers and hedgers, CFTC officials say.
“I am pleased to welcome four new members who bring a diverse set of viewpoints to the only CFTC advisory committee mandated by the Dodd-Frank Act,” says J. Christopher Giancarlo, a CFTC commissioner, who serves as the sponsor of the EEMAC. “Their input will be critical to the EEMAC in the months ahead.”
The new EEMAC members are:
- William B. Jones, CEO, Jones Petroleum and J.P. Capital & Insurance, Inc., Jackson, Georgia. He founded Jones Petroleum in 1968 “with the purchase of a single convenience store and has built Jones Petroleum into a diversified company with over 500 employees,” officials say.
- Martin Bates, president, strategy, energy and development, Alcoa Inc., Global Primary Products, Pittsburgh, Pennsylvania. Bates leads “upstream portfolio strategy and management for Alcoa, one of the largest industrial energy consumers in the United States,” officials say.
- Joseph W. Allen, director of energy policy for Caterpillar Inc. and Solar Turbines Inc., Washington, D.C. “Caterpillar and Solar Turbines design, manufacture and install high efficiency, low emissions, gas engines and industrial gas turbines used in the oil and gas industry and the electric power generation industry,” officials say.
- Andrew K. Soto, vice president for Regulatory Affairs, American Gas Association in Washington, D.C. Soto advises “member companies on regulatory and legislative developments that affect gas utility interests and advocates on their behalf before the U.S. Department of Energy, the Federal Energy Regulatory Commission (FERC), the CFTC, and other Federal agencies and U.S. courts. He has also testified to Congress on natural gas market issues.”
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