Regulators Accuse BP of Propane Pricing Scheme

"Government regulators on Wednesday accused traders at energy giant BP PLC of trying to corner the market for propane during the winter of 2004, in a scheme that temporarily drove prices higher for millions of rural Americans who use the gas to heat their homes.

The CFTC filed its suit in Chicago, presumably because London-based BP's U.S. subsidiary is headquartered in suburban Warrenville."

This article appeared in its entirety in the June 29, 2006 edition of the Chicago Tribune.