Attorney General’s Office to monitor natural gas supply, marketing activity during frigid weather
The Attorney General’s Office announced Friday that it will be monitoring natural gas supply and marketing activity during the frigid weather expected over the next few days. The Oklahoma Attorney General's Office is planning to monitor natural gas supply and marketing activity during the expected cold weather. The move comes as temperatures are expected to reach a record low. Attorney General Gentner Drummond stated he is committed to protecting ratepayers from price manipulation and ensuring fair costs reflect market conditions. Drummond is asking public utilities to notify his office if natural gas marketers fail to meet their obligations as specified by contract. An investigation into activity during Winter Storm Uri is ongoing.
Published : 4 months ago by Terré Gables/KFOR in Politics Weather Environment
OKLAHOMA CITY (KFOR) – The Attorney General’s Office announced Friday that it will be monitoring natural gas supply and marketing activity during the frigid weather expected over the next few days.
According to AG Gentner Drummond, with bone-chilling temperatures in the forecast, he wants to ensure Oklahomans are not exploited as they were during Winter Storm Uri.
“I am committed to protecting ratepayers from price manipulation to ensure fair costs that reflect market conditions,” Drummond said. “I understand the natural volatility of energy prices during inclement weather. My office will be closely monitoring the situation and any suspicious activity will be investigated promptly. I will not permit unscrupulous actors to exploit Oklahoma on my watch.”
Drummond is asking public utilities to notify his office if natural gas marketers fail to meet their obligations as specified by contract.
Drummond announced last year possible legal action against various entities he believes were responsible for soaring natural gas prices during Winter Storm Uri in 2021.
An investigation into activity during the Uri storm is active.
Topics: ESG