Current:Home > MyOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -InvestSmart Insights
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-17 04:15:30
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! (56)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- 3 missing in Connecticut town after boating accident
- The 49ers place rookie Ricky Pearsall on the non-football injury list after shooting
- Jax Taylor Shares He’s Been Diagnosed With Bipolar Disorder and PTSD Amid Divorce
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Trent Williams ends holdout with 49ers with new contract almost complete
- Kristin Cavallari Shares Why She’s Having the Best Sex of Her Life With Mark Estes
- Millions more Americans lacked health insurance under Trump vs. Biden
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- RFK Jr. must remain on the Michigan ballot, judge says
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- US government seizes plane used by Venezuelan president, citing sanctions violations
- Jardin Gilbert targeting call helps lead to USC game-winning touchdown vs LSU
- Prosecutors drop fraud case against Maryland attorney
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Human remains found in Indiana in 1993 are identified as a South Carolina native
- US Open: Jessica Pegula reaches her 7th Grand Slam quarterfinal. She is 0-6 at that stage so far
- Murder on Music Row: An off-key singer with $10K to burn helped solve a Nashville murder
Recommendation
Average rate on 30
What is the birthstone for September? Get to know the fall month's stunning gem
COVID-19 government disaster loans saved businesses, but saddled survivors with debt
Wrong-way crash on Georgia highway kills 3, injures 3 others
Retirement planning: 3 crucial moves everyone should make before 2025
Elle Macpherson Details “Daunting” Private Battle With Breast Cancer
When is NFL Week 1? Full schedule for opening week of 2024 regular season
2024 US Open: Here’s how to watch on TV, betting odds and more you should know