Current:Home > reviewsOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -Wealth Axis Pro
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
Burley Garcia View
Date:2025-04-09 08:42:12
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! (33363)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- UBS to buy troubled Credit Suisse in deal brokered by Swiss government
- A 3D-printed rocket launched successfully but failed to reach orbit
- Alabama woman confesses to fabricating kidnapping
- Grammy nominee Teddy Swims on love, growth and embracing change
- One winning ticket sold for $1.08 billion Powerball jackpot - in Los Angeles
- Inside Clean Energy: The Rooftop Solar Income Gap Is (Slowly) Shrinking
- Singapore's passport dethrones Japan as world's most powerful
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Elon Musk reveals new ‘X’ logo to replace Twitter’s blue bird
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Why car prices are still so high — and why they are unlikely to fall anytime soon
- Everything You Need for a Backyard Movie Night
- Got a question for Twitter's press team? The answer will be a poop emoji
- 'Most Whopper
- Big Oil’s Top Executives Strike a Common Theme in Testimony on Capitol Hill: It Never Happened
- Biggest “Direct Air Capture” Plant Starts Pulling in Carbon, But Involves a Fraction of the Gas in the Atmosphere
- Lewis Capaldi Taking Break From Touring Amid Journey With Tourette Syndrome
Recommendation
Federal hiring is about to get the Trump treatment
The U.S. Naval Academy Plans a Golf Course on a Nature Preserve. One Maryland Congressman Says Not So Fast
Stanford University president to resign following research controversy
Big Oil’s Top Executives Strike a Common Theme in Testimony on Capitol Hill: It Never Happened
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Get $112 Worth of Tarte Cosmetics Iconic Shape Tape Products for Just $20
First Republic Bank shares sink to another record low, but stock markets are calmer
First Republic Bank shares sink to another record low, but stock markets are calmer