Business Services Industry
Federal Energy Regulators Find No Shadiness in Natural Gas Price Spike.
Knight Ridder/Tribune Business News, July, 2003
By David Ivanovich, Houston Chronicle Knight Ridder/Tribune Business News
Jul. 24--WASHINGTON--Federal regulators investigating a spike in natural gas prices last February found no evidence that energy companies were trying to manipulate the market.
Investigators at the Federal Energy Regulatory Commission and the Commodity Futures Trading Commission analyzed thousands of natural gas trades and subpoenaed 16 brokers after natural gas prices tripled in some areas.
The investigative team concluded that gas prices were "extreme, although legitimate," Steve Harvey, deputy director of oversight and assessment in the commission's Office of Market Oversight and Investigations, told the commission.
The commissioners also prodded...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
- Using object-oriented analysis and design over traditional structured analysis and design
Presented by American Express