August 14, 2015

Yesterday, Presiding Administrative Law Judge (ALJ) Carmen A. Cintron issued the Initial Decision in FERC’s enforcement case against BP.  The decision finds that BP violated the Natural Gas Act and FERC’s anti-manipulation rule with regard to BP’s trading of next-day, fixed-price natural gas at the Houston Ship Channel (HSC) from September 18, 2008 through November 30, 2008.

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