Current:Home > MyOklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm -Wealth Navigators Hub
Oklahoma attorney general sues natural gas companies over price spikes during 2021 winter storm
View
Date:2025-04-21 11:48:33
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! (5)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- These combat vets want to help you design the perfect engagement ring
- Shop the Cutest Travel Pants That Aren't Sweatpants or Leggings
- Farmers Insurance pulls out of Florida, affecting 100,000 policies
- Federal hiring is about to get the Trump treatment
- The return of Chinese tourism?
- These combat vets want to help you design the perfect engagement ring
- Let Your Reflection Show You These 17 Secrets About Mulan
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- AbbVie's blockbuster drug Humira finally loses its 20-year, $200 billion monopoly
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- What tracking one Walmart store's prices for years taught us about the economy
- M&M's replaces its spokescandies with Maya Rudolph after Tucker Carlson's rants
- Gwen Stefani Gives Father's Day Shout-Out to Blake Shelton After Gavin Rossdale Parenting Comments
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Former Top Chef winner Kristen Kish to replace Padma Lakshmi as host
- The story of Monopoly and American capitalism
- Meta allows Donald Trump back on Facebook and Instagram
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
The CEO of TikTok will testify before Congress amid security concerns about the app
A 20-year-old soldier from Boston went missing in action during World War II. 8 decades later, his remains have been identified.
Vitamix Flash Deal: Save 44% On a Blender That Functions as a 13-In-1 Machine
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Environmental Justice Plays a Key Role in Biden’s Covid-19 Stimulus Package
Indicators of the Week: tips, eggs and whisky
This drinks festival doesn't have alcohol. That's why hundreds of people came