US companies fined for sharing gas storage data

Virginia-based Dominion Resources, Nicor in Illinois and Indiana-based NiSource admitted that they shared commercially sensitive gas storage information with their affiliates and favoured customers. This non-public information had commercial value because it helped traders anticipate gas storage transportation volumes, which would affect gas prices and operational decisions, said Ferc.

Dominion Resources and two subsidiaries, Dominion Transmission and Dominion Energy Clearinghouse, agreed to

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