Current:Home > MarketsOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -WealthRoots Academy
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
TrendPulse View
Date:2025-04-07 19:45:18
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! (7747)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- James Harden returns to Los Angeles in Clippers' first move of NBA free agency
- Taylor Swift plays song for eighth time during acoustic set in Dublin
- Tim Scott has benefited from mentors along the way. He’s hoping for another helping hand
- All That You Wanted to Know About She’s All That
- Camila Cabello's 'racist' remarks resurface after Drake and Kendrick Lamar feud comments
- Simone Biles and ... whoever is left standing for Paris? | Opinion
- Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- US Track & Field Olympic trials live updates: Noah Lyles, Gabby Thomas win 200 finals
Ranking
- Bodycam footage shows high
- AEW Forbidden Door 2024 live: Results, match grades, highlights and more
- Lorde, Charli XCX’s viral moment and the truth about friendship breakups
- 2 giant pandas arrive at San Diego Zoo from China
- Arkansas State Police probe death of woman found after officer
- Who plays Carmy, Sydney and Richie in 'The Bear'? See the full Season 3 cast
- Mosquito bites are a pain. A doctor weighs in on how to ease the discomfort.
- Hurricane Beryl strengthens into a Category 4 storm as it nears the southeast Caribbean
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
UFC 303 live results: Alex Pereira vs. Jiri Prochazka fight card highlights, how to stream
Alec Baldwin headed to trial after judge rejects motion to dismiss charge
Teen shot and killed by police in upstate New York, authorities say
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Teen shot and killed by police in upstate New York, authorities say
Financing of Meat and Dairy Giants Grows Thanks to Big American Banks and Investors
‘A Quiet Place’ prequel box office speaks volumes as Costner’s Western gets a bumpy start