The first lawsuits protesting exorbitant gas prices during February’s historic deep freeze in Texas have begun.
Bloomberg reported that CPS Energy, a Texas utility, is suing energy giants including BP Energy Co., Chevron Corp. and Energy Transfer. CPS supplies over 1.1 million customers in the San Antonio area with power and gas, and is disputing charges amounting to hundreds of millions of dollars at a minimum in 13 lawsuits.
Click here for Bloomberg report
