Correction: This story has been updated to accurately reflect the amount the Federal Energy Regulatory Committee required BP to pay after Hurricane Ike, as well as the source of the court ruling re…

Alleged that gas companies created artificial shortage days before storm to boost demand and then charge elevated rates, which then caused blackouts

  • some_guy@lemmy.sdf.org
    10·
    27 days ago

    Those companies, plaintiff’s lawyer Andrew Gould argued on Monday, “diverted natural gas before winter, to create artificial scarcity — thus driving up the price.”

    This would be hilarious if true. Capitalism strikes again.