Market Forces Drive Propane Prices to Increase

3 years 5 months 2 weeks 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- Nearly 40 million used cars are sold in the United States each year. Many of them look good externally,... More >>
4 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 11:32:37 PM CST November 24, 2017 in News
COLUMBIA - A city-owned garbage truck caught fire Friday morning at Columbia's landfill. The Columbia Fire Department said these... More >>
5 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 10:03:00 PM CST November 24, 2017 in News
COLUMBIA - Four people went to the the hospital Friday night after a two-car crash on Brown Station Road at... More >>
5 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 9:56:00 PM CST November 24, 2017 in News
COLUMBIA - Small Columbia businesses on the south side of town said they were helping each other get business on... More >>
7 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 8:05:00 PM CST November 24, 2017 in News
COLUMBIA - Black Friday shoppers continued to fill up malls and outlets despite a late night accidental shooting Thursday outside... More >>
8 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 6:54:00 PM CST November 24, 2017 in News
ST. LOUIS (AP) — A protest forced a large suburban St. Louis shopping mall to close for an hour on... More >>
10 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 5:16:00 PM CST November 24, 2017 in News
WILLARD, Mo. (AP) — A Greene County sheriff's deputy responding to an alarm call has been involved in a crash... More >>
11 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 4:05:09 PM CST November 24, 2017 in News
HAMEL, Ill. (AP) — A Missouri college student is the third person to die after a major crash this week... More >>
11 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 3:58:00 PM CST November 24, 2017 in News
COLUMBIA - The Boone County Fire Protection District said it battled more than usual brush fires Friday. "There's nothing... More >>
11 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 3:57:00 PM CST November 24, 2017 in News
COLUMBIA -Racism, sexism, homophobia and animal abuse have all had a home on Reddit, but the website is taking steps... More >>
14 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 1:25:26 PM CST November 24, 2017 in News
KANSAS CITY, Mo. (AP) — A jail inmate has been charged with first-degree assault and armed criminal action after authorities... More >>
15 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 12:11:47 PM CST November 24, 2017 in News
COLUMBIA - A Columbia man involved in a deadly shooting in May has been indicted by a federal grand jury... More >>
16 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 11:40:00 AM CST November 24, 2017 in News
COLUMBIA - Police arrested a man early Thursday morning for various drugs and weapons charges. CPD says officers smelled... More >>
16 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 11:37:00 AM CST November 24, 2017 in News
KIMBERLING CITY, Mo. (AP) — Two tangled bucks that drowned in a Missouri lake last month have been memorialized in... More >>
16 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 11:05:00 AM CST November 24, 2017 in News
ST. LOUIS (AP) — Three Thanksgiving Day killings in St. Louis have brought this year's homicide total to 188, matching... More >>
16 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 10:58:31 AM CST November 24, 2017 in News
ST. LOUIS (AP) - A soldier home for Thanksgiving in St. Louis is OK, but he lost his car and... More >>
16 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 10:44:30 AM CST November 24, 2017 in News
KANSAS CITY, Mo. (AP) — A man who was arrested after sleeping in a Kansas storage unit with his two... More >>
17 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 10:32:21 AM CST November 24, 2017 in News
ST. LOUIS (AP) — St. Louis police are investigating after two officers fatally shot a man and wounded a 14-year-old... More >>
17 hours ago Friday, November 24 2017 Nov 24, 2017 Friday, November 24, 2017 10:13:19 AM CST November 24, 2017 in News
Columbia, MO
Broken Clouds 48°
4am 48°
5am 46°
6am 44°
7am 42°

Select a station to view its upcoming schedule:

Coming Up Next

3:30a
LX.TV: 1st Look
4:00a
LX.TV: 1st Look
4:30a
Paid Program
3:30a
Paid Program
4:00a
Paid Program
4:30a
Paid Program

Tonight's Schedule

7:00p
The National Dog Show
9:00p
Dateline NBC
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld