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Texas officials launch inquiry into "skyrocketing" energy bills after winter storm

Officials in Texas announced Saturday investigations into the causes of the state's widespread power outages and an energy bills spike following the state's winter emergency.

Driving the news: Gov. Greg Abbott (R) said in a statement after holding an emergency meeting with the state's Republican and Democratic legislative members it's "unacceptable for Texans who suffered through days in the freezing cold without electricity or heat to now be hit with skyrocketing energy costs."

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