Enforcement Staff Urges FERC to Increase ETP's Civil Penalty by 25 Million to 107 Million, While Oasis Pipeline Would Face 15.5 Million Civil Penalty

摘要

On February 27, the Commission gave Energy Transfer Partners LP (ETP) (IN06-3) an extension through March 31 to answer a hard-hitting brief filed February 14 by the Office of Enforcement Staff. The brief opposed ETP's request for summary disposition of the Order to Show Cause (OSC) (IN06-3) issued 7/26/07 for market manipulations in violation of Market Behavior Rule 2 and recommended next steps, including a trial-type evidentiary hearing before an administrative law judge (ALJ) on four issues, with an Initial Decision within six months.