Current:Home > StocksOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -Edge Finance Strategies
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-24 12:20:17
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! (14)
Related
- Small twin
- NATO’s Rutte calls for more Western support for Ukraine, warns of Russian alliances
- Auburn surges, while Kansas remains No. 1 in the USA TODAY Sports men's basketball poll
- Sting Says Sean Diddy Combs Allegations Don't Taint His Song
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Kevin Costner Shares His Honest Reaction to John Dutton's Controversial Fate on Yellowstone
- Why Cynthia Erivo Needed Prosthetic Ears for Wicked
- Biden EPA to charge first-ever ‘methane fee’ for drilling waste by oil and gas companies
- Trump wants to turn the clock on daylight saving time
- New York eyes reviving congestion pricing toll before Trump takes office
Ranking
- What to watch: O Jolie night
- Wildfire map: Thousands of acres burn near New Jersey-New York border; 1 firefighter dead
- New wildfires burn in US Northeast while bigger blazes rage out West
- US Election Darkens the Door of COP29 as It Opens in Azerbaijan
- The Best Stocking Stuffers Under $25
- All Social Security retirees should do this by Nov. 20
- This is Your Sign To Share this Luxury Gift Guide With Your Partner *Hint* *Hint
- Repair Hair Damage In Just 90 Seconds With This Hack from WNBA Star Kamilla Cardoso
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Apologetic rapper Tekashi 6ix9ine gets 45 days in prison for probation violations
Elon Musk responds after Chloe Fineman alleges he made her 'burst into tears' on 'SNL'
Mike Williams Instagram post: Steelers' WR shades Aaron Rodgers 'red line' comments
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Father sought in Amber Alert killed by officer, daughter unharmed after police chase in Ohio
Pentagon secrets leaker Jack Teixeira set to be sentenced, could get up to 17 years in prison
Jenn Tran's Ex Devin Strader Throws Shade At Her DWTS Partner Sasha Farber Amid Romance Rumors