Tagged: spence a. leamons

Oily Deals: Pattern Emerging in Questionable Arkoma Gas Transactions

by Wythe Walker Jr. and David F. Kern 3/31/2014 12:00 am

Jerry Jones has always pleaded innocent in the controversial 1982 Arkla-Arkoma gas deal, a deal worth at least $174.8 million when the final numbers were tallied last fall. This January, a ratepayers’ class-action suit declared the deal an insider’s rip-off for Arkansas gas consumers who got stuck with an $80 million overcharge bill that went straight into Jones’ bulging bank account.