- 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
Regulator orders Enterprise Products to prioritize propane
Feb 9 2014, 02:11 ET