Current:Home > StocksOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -Excel Money Vision
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-15 03:35:32
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! (1975)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Rebecca Minkoff says Danny Masterson was 'incredibly supportive to me' at start of career
- The best tech gifts, gadgets for the holidays featured on 'The Today Show'
- San Diego raises bar to work with immigration officials ahead of Trump’s deportation efforts
- South Korean president's party divided over defiant martial law speech
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
- 'Unimaginable situation': South Korea endures fallout from martial law effort
- Mitt Romney’s Senate exit may create a vacuum of vocal, conservative Trump critics
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Only about 2 in 10 Americans approve of Biden’s pardon of his son Hunter, an AP
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Rooftop Solar Keeps Getting More Accessible Across Incomes. Here’s Why
- Epic Games to give refunds after FTC says it 'tricked' Fortnite players into purchases
- Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did
- Highlights from Trump’s interview with Time magazine
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
When fire threatened a California university, the school says it knew what to do
Military service academies see drop in reported sexual assaults after alarming surge
Man identifying himself as American Travis Timmerman found in Syria after being freed from prison
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Small plane crashes onto New York highway, killing 1 person and injuring another
Jim Carrey Reveals Money Inspired His Return to Acting in Candid Paycheck Confession
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler