Senate Bill Concerns Pipeline Industry

摘要

A Cantwell aide said the bill is aimed more at energy trading companies than pipelines, though it catches pipelines in its web nonetheless. Although Congress gave FERC enhanced "anti-manipulation" power in the 2005 Energy Act, that did not prevent the commission from stopping Amaranth Advisors LLC, who FERC took enforcement action against, but not before Amaranth liquidated its assets before FERC could collect the full penalties assessed.