BP pays $102 million settlement for California over-charges

 

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...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024