Marathon Petroleum Corporation met with the CFTC to discuss the costs, risks, and concerns regarding 24/7 trading in energy for clearing members. The document is a meeting summary rather than a formal position statement on a specific proposed action.

The American Fuel & Petrochemical Manufacturers (AFPM) is requesting a thirty-day extension of the public comment period for the CFTC's proposed rule on 24/7 trading and perpetual contracts for energy commodities. They argue that the complexity of the proposal requires more time for members to coordinate across various business functions to assess impacts on hedging, liquidity, and market stability.

The Energy Infrastructure Council and the Liquid Energy Pipeline Association oppose the extension of standard futures contracts to 24/7 trading and the introduction of perpetual contracts for energy commodities. They argue that continuous trading lacks commercial need, risks price manipulation, and increases costs for hedgers, while perpetual contracts introduce excessive leverage and financial instability.

VeloxVFX LLC supports the proposed action of allowing 24/7 trading and perpetual energy contracts, provided that the Commission requires continuous evidence of liquidity, operational readiness, and public-interest protections. The commenter argues that continuous market access must be matched by continuous accountability and safeguards to protect households and commercial users from off-hours market volatility.