Winter Storm Uri Litigators’ Last Stand
In one of the last remaining legal battles stemming from the February 2021 winter freeze, the First Court of Appeals in Houston will hear oral arguments Tuesday over whether to revive market manipulation and price-gouging claims against 43 major natural gas companies. Plaintiff CirclesX Recovery argues that energy producers and pipeline operators intentionally restricted fuel supplies during Winter Storm Uri to starve power generators and extract billions in windfall profits.
