Oklahoma’s Gas Market Probe ‘A Good Thing,’ FERC Chair Says

The top US energy regulator said he welcomes a recent decision by the Oklahoma attorney general to pursue potential litigation following an investigation into natural gas market manipulation during a 2021 winter storm that left millions without power.

“I think that’s a good thing,” Willie Phillips, chairman of the Federal Energy Regulatory Commission, said Thursday in an interview with Bloomberg News. “Look, we need all the help we can get, but rest assured, we will get you.”

Phillips said FERC’s investigations into possible market manipulation during 2021 Winter Storm Uri and 2022 Winter Storm Elliott are ongoing but declined ...