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Home»Marketing»Breaking news: Attorney General’s office monitors natural gas supply and marketing activities during extreme cold weather | Business and Energy
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Breaking news: Attorney General’s office monitors natural gas supply and marketing activities during extreme cold weather | Business and Energy

The Elite Times TeamBy The Elite Times TeamJanuary 12, 2024No Comments2 Mins Read
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OKLAHOMA CITY – Observers might call it a “blast from the past” or Yogi Berra’s “-ism” (“It’s like déjà vu all over again”).

Oklahoma and its neighbors in the Mid-South states are making new preparations. polar vortexor arctic attackor whatever term may be applied to widespread cold weather farther south than normal.

In a press release sent to CityNewsOKC.com and other media outlets, state attorneys general. Gentner Drummond announced today (Friday morning, January 12) that his office will monitor natural gas supplies and marketing activities during the frigid weather conditions expected this weekend.

With bone-chilling temperatures expected over the next three to four days, Drummond said he wants to make sure Oklahomans aren’t exploited like they were during winter storm Uri.

“We are committed to protecting ratepayers from price manipulation to ensure fair costs that reflect market conditions,” Drummond said.

“I understand the natural fluctuations in energy prices during severe weather. My office is closely monitoring the situation and any suspicious activity will be immediately investigated. Under my watch, no unscrupulous actor will exploit Oklahoma. I won’t forgive you.”

Drummond is asking utilities to notify his office if natural gas distributors fail to meet their contractual obligations.

Mr. Drummond announced last year that he may file lawsuits against various entities he believes are responsible for soaring natural gas prices in the Middle East. winter storm storm 2021. Investigation into activities during Uri Arashi is ongoing.

(https://www.citynewsokc.com/news/drummond-announces-potential-legal-action-over-alleged-market-manipulation-during-Winter-storm-uri/article_ca1e86fa-2594-11ee-a1a2-f7858db8f913.html ))

Drummond’s office also announced the establishment of a Winter Storm Uri “hotline” in late 2023.

(https://www.citynewsokc.com/business/breaking-oklahoma-news-anthony-told-to-put-up-or-shut-up-puts-up–/article_3165385a-7904-11ee-b7fa-cf174323159e .html)

In particular, the Corporate Commissioner bob anthony has relentlessly criticized both the private sector (the source of energy supply) and the government sector for their response to the historic storm of 2021.

(https://www.citynewsokc.com/business/breaking-oklahoma-news-anthony-told-to-put-up-or-shut-up-puts-up–/article_3165385a-7904-11ee-b7fa-cf174323159e .html)

City News OKC and other news organizations have been monitoring the aftermath of Uri and its policy implications.

(https://www.citynewsokc.com/news/market-manipulation-during-Winter-storm-uri-alleged/article_26d5a032-264d-11ee-a9b0-5f99b3a93617.html)

In related news, Jonathan Small said, Oklahoma Council on Public Affairs (OCPA) He explained his view that “government monopolies need to be regulated.”

(https://www.citynewsokc.com/news/government-monopolies-require-regulation/article_19ab6e5e-98f4-11ee-8f84-ab137d8d1599.html)



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