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)