Market Forces Drive Propane Prices to Increase

4 years 3 months 1 week ago Tuesday, June 10 2014 Jun 10, 2014 Tuesday, June 10, 2014 2:26:00 PM CDT June 10, 2014 in News
By: The Associated Press

JEFFERSON CITY (AP)- Missouri Attorney General Chris Koster says market forces rather than manipulation drove this winter's spike in propane prices.

Koster reported the results of an investigation requested by lawmakers on Tuesday. Consumers reported prices rising from less than $2 a gallon in December to more than $5 in January.

The report blames low supplies on a combination of factors, including a rise in propane exports and high demand for propane to heat homes during an unusually cold and early winter. It also cites heavy use of propane to dry a record corn crop that was harvested later than normal.

Koster's office says it reviewed about 250 customer complaints about propane prices and interviewed 80 consumers. The office has been involved in mediating 75 cases and has recovered more than $3,000 for consumers.

 

More News

Grid
List
COLUMBIA- A new MU Research building is set to be built by October 2021, after the MU Board of Curators... More >>
8 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 7:32:00 PM CDT September 20, 2018 in News
COLUMBIA - A warning from the Missouri Department of Health and Senior Services closed Stephens Lake Thursday afternoon. Columbia... More >>
10 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 6:19:00 PM CDT September 20, 2018 in News
KANSAS CITY, Mo. (AP) — The longtime aide of former Democratic leader Mike Sanders was sentenced to six months in... More >>
10 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 6:00:00 PM CDT September 20, 2018 in News
COLUMBIA - Boone County Family Resources is just too big. Now, the agency wants a new building with more parking... More >>
10 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 5:46:00 PM CDT September 20, 2018 in News
JEFFERSON CITY, Mo. (AP) — A Missouri prosecutor says he won't press charges related to allegations of conflicts of interest... More >>
10 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 5:42:47 PM CDT September 20, 2018 in News
SUNRISE BEACH - Sunrise Beach Fire Protection District Board President Brian Layman resigned Thursday. Layman's resignation follows Fire Chief... More >>
11 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 5:07:00 PM CDT September 20, 2018 in News
ASHLAND - The Missouri State Education Board outlined a budget that would increase transportation funding for Missouri schools. "The... More >>
11 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 4:49:00 PM CDT September 20, 2018 in News
COLUMBIA - The Boone County Commission will soon be accepting applications for anyone interested in leasing the former fairgrounds. ... More >>
12 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 3:47:00 PM CDT September 20, 2018 in News
JEFFERSON CITY (AP) — Planned Parenthood says abortions will stop at its Columbia clinic after Oct. 1 unless a federal... More >>
12 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 3:43:00 PM CDT September 20, 2018 in News
COLUMBIA - November elections are approaching, but behind campaign speeches and electoral yard signs, Boone County is struggling to reach... More >>
12 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 3:29:00 PM CDT September 20, 2018 in News
JEFFERSON CITY, Mo. (AP) — Gov. Mike Parson is considering changes to Missouri regulations to help address a shortage of... More >>
13 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 3:19:36 PM CDT September 20, 2018 in News
JEFFERSON CITY - The Cole County Prosecutor's Office said Thursday it will not pursue charges in connection with the investigation... More >>
13 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 3:15:00 PM CDT September 20, 2018 in News
MOBERLY - More than 100 counties are getting $25 million to combat the opioid crisis, and Randolph County is one... More >>
13 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 2:53:00 PM CDT September 20, 2018 in News
ABERDEEN, Md. (AP) — The latest on the shooting in Maryland (all times local): 12:05 p.m. Law enforcement... More >>
16 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 11:34:00 AM CDT September 20, 2018 in News
COLUMBIA - A new ad targeting Republican senate candidate Josh Hawley accuses him of trying to take away health insurance... More >>
16 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 11:32:00 AM CDT September 20, 2018 in News
COLUMBIA - Deputies with the Moniteau County Sheriff's Office arrested a driver in California after finding methamphetamines in his car.... More >>
18 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 10:20:00 AM CDT September 20, 2018 in News
COLUMBIA - A pharmaceutical company has plans to come to Columbia, but is seeking a Chapter 100 Bond from the... More >>
20 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 7:42:00 AM CDT September 20, 2018 in News
COLUMBIA - Organizations and activists aimed at improving the poverty situation in the state will gather for the 2018 Missouri... More >>
21 hours ago Thursday, September 20 2018 Sep 20, 2018 Thursday, September 20, 2018 7:24:00 AM CDT September 20, 2018 in News
Columbia, MO
Broken Clouds 78°
5am 74°
6am 73°
7am 71°
8am 71°