The Texas Attorney General’s (AG) Office is expanding its investigation into the massive price spikes that occurred in the natural gas and power markets during the historic winter freeze last month, with the IntercontinentalExchange (ICE) ordered to turn over documents on pricing for the unprecedented week.

“These massive price increases impacted businesses and consumers alike and will have long-term effects on Texas,” said AG Ken Paxton. “Hardworking Texans who pulled together to get their communities through this disaster deserve transparency and justice.” 

The civil investigative demand (CID) to ICE requires the exchange to provide documents that sufficiently identify the sellers and purchasers in all relevant trades during the period spanning from Feb. 8 through...