dr. daniel yergin is chairman of ihs cambridge energy research associates here in washington. mr. frank verrastro is the senior vice president and director of energy and national security program for the center for strategic and international studies here in washington. dr. paul horsnell is the managing director and head of commodities research with barclays capital in london. thank you all very much for being here. if you could each take whatever time you think is necessary to make the points that you think we need to understand, your full statements will be included in the record as if read. dr. gruenspecht. >> thank you, mr. chairman, ranking members of the committee. i appear the opportunity to appear before you. we are the statistical and analytical agency within the department of energy. our views should not be construed as representing those of the department or other federal agencies. prices for all petroleum products have ris i don't know in recent months but gasoline prices are of particular concern to most consumers. the national average price of regular gasoline averag

dr. daniel yergin is the chairman of on dhs cambridge energy research associates here in washington. mr. frank verrastro of national security programs for the center for strategic and international studies here in washington. dr. paul horsnell is the managing director and head of commodities research with barclays capital in london. thank you very much for being here coming and if you could each take whatever time you think is necessary to make the points you think we need to understand, your full steegmans will be included in the record as if read. dr. gruenspecht? >> thank you mr. chairman, ranking member murkowski and members of the committee i appreciate the opportunity to appear before you, the energy administration is that statistical analytical agency within the part of energy because they do not promote or take positions on policy issues and has independence with respect to the information it provides to read it shouldn't be construed as representing those in the department or other federal agencies. prices for all petroleum products have risen in recent months but gasoline pr