Pam Bracken News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oklahoma City civic group seeks answers about $4.5 billion in storm-related fuel costs Jack Money, Oklahoman © BRYAN TERRY/THE OKLAHOMAN Eric Jergensen, a member of VOICE OKC, wants to make sure unreasonable fuel costs from the recent winter storm are not passed on to consumers. Oklahoma City religious and community leaders are raising questions about how power providers plan to recover an estimated $4.5 billion spent on fuel during February's severe winter storm. Popular Searches Some legislators recently submitted plans to mitigate these costs over time, but leaders of ...

VOICE is seeking answers to several questions related to the storm, including: • Who made a profit from the storm, and will the Oklahoma Attorney General conduct a grand jury investigation into that issue? • What policies were in place that allowed this to happen, and who, if anyone, will be held accountable? • How did utility companies fail to have hedging contracts in place that could have capped at least some of their fuel costs during the storm? • Why won't shareholders of publicly traded utilities have to carry some of the financial responsibility for decisions made by those co...

editor's pick alert Janelle Stecklein/ CNHI State Reporter Apr 14, 2021 An OU student walks down Asp Ave., Tuesday, Feb. 16, 2021. (Kyle Phillips / The Transcript) OKLAHOMA CITY — Citizen advocates Wednesday said they’re alarmed that a legislative plan that proposes securitizing nearly $4.5 billion in debt from February’s winter storm comes without a thorough, transparent investigation into why the state’s energy supply system failed. Leaders with VOICE, a coalition of religious congregations, worker associations, schools and non-profit groups, sai...