Smith seeks probe of natural gas price spikes during storm

February 20, 2021 ☼ smithderegulationprice-gougingstorm

Source: MPR News

Link: Smith seeks probe of natural gas price spikes during storm

Democratic Sen. Tina Smith of Minnesota is calling for federal investigations into possible price gouging of natural gas in the Midwest and other regions, following severe winter storms that plunged Texas and other states into a deep freeze that caused power outages in millions of homes and businesses.

Smith says natural gas spot prices spiked as high as 100 times typical levels, forcing utilities and other natural gas users to incur exorbitant costs, many of which were passed on to customers.

Smith is usually the quiet senator. She needs to up her profile. This might be one (valid) way of doing that.