BP pays $102 million settlement for California over-charges
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January 12, 2018
SACRAMENTO, Calif. (AP) — BP Energy Company is paying California $102 million to settle claims that it overcharged the state for natural gas between 2003 and 2012.
Attorney General Xavier Becerra (HAH-vee-air Bah-sehr'-ah) said Thursday that BP regularly violated contracts with the state to provide gas for numerous state agencies and other governments by exceeding the agreed-upon price cap.
He says the company concealed the overcharges by providing false and misleading information.
Becerra says company employees saw California as a "golden goose."
BP, the largest natural gas marketer in North...
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