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November 21, 2024
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FERC Approves Smaller Fine for BP After 5th Circuit Decision
5th Circuit Found It Lacked Jurisdiction on Intrastate Trades
Aerial view of the Houston Ship Channel
Aerial view of the Houston Ship Channel | Shutterstock
Jul 10, 2023 | James Downing
FERC approved an $11 million fine for BP America that closes an investigation into natural gas price manipulation dating back to Hurricane Ike in 2008.
Company NewsNatural Gas
Keywords5th U.S. Circuit Court of AppealsBPFederal Energy Regulatory Commission (FERC)FERC Office of EnforcementHurricane IkeIN13-15market manipulationnatural gas prices
James Downing
Biden Names Phillips Acting FERC Chairman
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