Alva Review-Courier -

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 N...



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