Oklahoma has taken legal action against two Texas-based natural gas companies, accusing them of manipulating gas supplies to drive up prices during Winter Storm Uri in 2021. The companies in question are Dallas-based ET Gathering & Processing and Houston-based Symmetry Energy Solutions. The lawsuits, filed in Osage County, seek both actual and punitive damages, as well as a portion of any profits gained through fraudulent practices.
Oklahoma's Attorney General, a Republican named Gentner Drummond, expressed outrage at the alleged misconduct, stating that the level of fraud committed during the storm was significant and unacceptable. Drummond's office plans to pursue further legal action against other companies suspected of engaging in market manipulation.
