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San Antonio’s CPS Energy sues BP, Chevron and other natural gas suppliers over winter storm prices

CPS Energy has sued at least nine natural-gas suppliers, including giants BP Energy and Chevron, alleging they charged excessive rates as it struggled to keep the power on during February’s winter storm. The suits, filed Monday in Bexar County District Court, allege the suppliers overcharged the city-owned utility tens of millions of dollars, imposing “commercially […]

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