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Coastal States denies illegal pricing amid federal probe
Coastal States Gas Corp and subsidiaries including La Vaca Gathering Co deny any unfair or illegal pricing. The Justice Department seeks information on contracts and price negotiations as part of a broader price fixing inquiry affecting Texas Oklahoma New Mexico and Louisiana gas producers and pipelines. Coastal says it will challenge the extensive document request and notes no specific allegations against it.
MENTIONED IN THIS ARTICLE
Stryker McGuire
Coastal States ‘Gas Corp
Texas
Justice Department
Coastal States
La-Vaca Gathering Co
San Antonio
Antitrust
Houston Natural Gas Corp
Lonestar Gas Co
Dallas
Enserch Corp
Oklahoma Natural Gas Co
Tulsa
Bob Wells
Carter
Wall Street Journal
Wells
Coastal
Oklahoma
New Mexico
Louisiana