Propane prices skyrocket, Midwest supplies drop
By Jan Shepel
Jan. 28, 2014 |
MADISON
Farmers and rural residents who have been filling their liquid propane tanks already know, prices are skyrocketing as suppliers have to go further and further for supplies. As the frigid weather continues, the situation has gotten critical.
Cooperatives and other petroleum businesses that supply rural residents have had to make trips as far away as Kansas and even Texas to get supplies of propane.
Governors of 26 states have declared states of emergency as propane supplies tightened and prices skyrocketed.
On Friday, state propane prices were up to $4.30 a gallon, which was twice the price of a week earlie
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