U.S. Investigates BP for Gas Market Manipulation
February 02, 2011 at 10:58 AM EST
BP (BP) said U.S. regulators were considering filing charges against it related to alleged manipulation of the gas market. “The U.S. Federal Energy Regulatory Commission (FERC) and the U.S. Commodity Futures Trading Commission (CFTC) are currently investigating several BP entities regarding trading in the next-day natural gas market at Houston Ship Channel during October and [...]