Current:Home > MarketsOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -ProgressCapital
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-12 12:43:34
OKLAHOMA CITY (AP) — Oklahoma’s Republican Attorney General Gentner Drummond filed lawsuits on Wednesday against two Texas-based natural gas companies over their role in soaring gas prices during Winter Storm Uri in 2021.
The lawsuits, the first by the state against natural gas operators over profits reaped during the storm, were filed in Osage County, Oklahoma, against Dallas-based ET Gathering & Processing, which acquired Enable Midstream Partners in 2021, and Houston-based Symmetry Energy Solutions.
The lawsuits allege Enable and Symmetry used various tactics to reduce natural gas supplies and drive up the price during the devastating storm that sent temperatures plummeting across the country and left millions of people without power.
“I believe the level of fraud perpetrated on Oklahomans during Winter Storm Uri is both staggering and unconscionable,” Drummond said in a statement. “While many companies conducted themselves above board during that trying time, our analysis indicates that some bad actors reaped billions of dollars in ill-gotten gains.”
Messages seeking comment left with ET and Symmetry were not immediately returned.
Kansas Attorney General Kris Kobach filed a similar lawsuit in federal court in December against a natural gas marketer operating in that state. In Texas, which was also hard hit by Winter Storm Uri, the electric utility Griddy Energy reached a settlement with state regulators there over crushing electric bills its customers received during the deadly winter storm.
veryGood! (46)
Related
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Why Michigan’s Clean Energy Bill Is a Really Big Deal
- Watch as barred owl hitches ride inside man's truck, stunning driver
- Nearly half of Democrats disapprove of Biden’s response to the Israel-Hamas war, AP-NORC poll shows
- Man charged with murder in death of beloved Detroit-area neurosurgeon
- FBI searching for Jan. 6 suspect Gregory Yetman in Middlesex County, New Jersey
- Last 12 months on Earth were the hottest ever recorded, analysis finds
- Spain’s Socialists to grant amnesty to Catalan separatists in exchange for support of new government
- Senate begins final push to expand Social Security benefits for millions of people
- U.S. strikes Iran-linked facility after attacks on U.S. forces in Iraq and Syria continued
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Mobile and resilient, the US military is placing a new emphasis on ground troops for Pacific defense
- Amazon takes another shot at health care, this one a virtual care service that costs $9 per month
- Albania’s deal with Italy on migrants has been welcomed by many. But others are confused and angry
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Robert De Niro attends closing arguments in civil trial over claims by ex personal assistant
- Dawn Staley comments on NCAA finding officiating was below standard in championship game
- Live updates | Negotiations underway for 3-day humanitarian cease-fire in Gaza, officials say
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
CIA chief William Burns heads to Qatar as efforts to contain Israel-Hamas conflict and release hostages continue
Israeli military tour of northern Gaza reveals ravaged buildings, toppled trees, former weapons lab
Get in Formation: Another Buzz-Worthy Teaser for Beyoncé's Renaissance Film Is Here
Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
Is it cheaper to go to a restaurant for Thanksgiving dinner? Maybe not this year.
Megan Fox Shares How Fiancé Machine Gun Kelly Helped Her “Heal” Through New Book
Video chat service Omegle shuts down following years of user abuse claims