(Bloomberg) Operations and marketing teams for a Texas pipeline company coordinated to sell gas at ever higher prices during a deadly winter storm in 2021, attorneys for the nation’s largest municipally owned electric and gas utility argued in a San Antonio courtroom. Another pipeline firm commanded an unusually large trading position during the deep freeze that drove up index prices used by the broader market, lawyers for CPS Energy said.Most Read from BloombergTesla Axes Supercharger Team i
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Transaction Expected to be Immediately Accretive to Key Financial Metrics Adds 3,370 Boepd, Proven PV10 of over $250MM, and 62 Permitted PUDs to Existing.