FERC Proceedings Continue for Alleged Gas Market Manipulator

Michael Giberson At yesterday’s open meeting of the Federal Energy Regulatory Commission, the Commissioners established a hearing to determine whether Energy Transfer Partners, L.P. and its affiliates engaged in market manipulation in violation of FERC rules. At stake is a possible penalty of over $200,000,000 in proposed fines, recovery of “unjust profits”, and interest. As …

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