Current:Home > StocksOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -Global Capital Summit
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-14 00:28:33
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! (9)
Related
- Tom Holland's New Venture Revealed
- Former Denver elections worker’s lawsuit says she was fired for speaking out about threats
- Lala Kent Details Taylor Swift Visiting Travis Kelce on Are You Smarter Than a Celebrity? Set
- Mariah Carey Posing With Her Christmas-Themed Wax Figure Will Make Your Wish Come True
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Florida prosecutor says 17-year-old suspect in Halloween fatal shootings will be charged as adult
- Florida prosecutor says 17-year-old suspect in Halloween fatal shootings will be charged as adult
- Lala Kent Details Taylor Swift Visiting Travis Kelce on Are You Smarter Than a Celebrity? Set
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- The Daily Money: Spending less on election eve?
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Today's fresh apples could be a year old: Surprising apple facts
- Remains of nearly 30 Civil War veterans found in a funeral home’s storage are laid to rest
- How Travis Kelce does with and without Taylor Swift attending Kansas City Chiefs games
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Ice-T, Michael Caine pay tribute to Quincy Jones
- Chris Martin Falls Through Trap Door Onstage During Australia Concert
- Jury sees video of subway chokehold that led to veteran Daniel Penny’s manslaughter trial
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
A former Six Flags park is finally being demolished after Hurricane Katrina’s devastation
Rudy Giuliani cleared out his apartment weeks before court deadline to turn over assets, lawyers say
Georgia authorities probe weekend shooting that left 2 dead, officer injured
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Many retailers offer ‘returnless refunds.’ Just don’t expect them to talk much about it
Appeals court says Arizona should release list of voters with unverified citizenship
Saving just $10 per day for 30 years can get you a $1 million portfolio. Here's how.