Regulator orders Enterprise Products to prioritize propane

|About: Enterprise Products Partn... (EPD)|By:, SA News Editor

The Federal Energy Regulatory Commission has ordered Enterprise Products Partners (EPD) to prioritize the transportation of propane on a pipeline that runs from Texas to the Midwest and Northeast, where the freezing weather has caused supplies to plummet and heating-fuel prices to spike.

The one-week directive represents the first time the FERC has used its emergency powers.

ETF: UHN