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Lawsuits Allege Price Gouging, Market Manipulation By Gas Companies During Texas Freeze

by Beth Garza
July 19, 2021
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issues: Electricity Policy, Energy and Environment, State Policy, Texas
originally published in KUT 90.5
From KUT 90.5:

Beth Garza is a former independent market monitor for the state’s electric grid who spent years investigating fraud.

She said the natural gas industry in Texas doesn’t have the rules against market manipulation that the electricity sector, for example, does.

“If your market doesn’t have any rules against withholding, people will withhold because it’s profitable,” Garza said.

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