FERC Scores In Price-Fixing Feud With ETP

Law360, New York (March 19, 2008, 12:00 AM EDT) -- In a boost to the Federal Energy Regulatory Commission, an appeals court has dismissed Energy Transfer Partners LP's appeal of the agency's show-cause order asking the company to prove that it had not violated federal rules against manipulating wholesale gas markets.

The U.S. Court of Appeals for the Fifth Circuit on Monday granted FERC's motion to dismiss ETP's petition for review of the order, citing lack of jurisdiction.

ETP and its subsidiaries had sought review of FERC's order directing them to show cause why they should...
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