AGRIBUSINESS: Propane Shortages Countrywide

The ongoing propane shortage isn’t just a problem in Iowa; so far over 20 states issued disaster declarations relating to the shortage.

The National Turkey Federation and Minnesota Turkey Growers Association are taking an active role in finding solutions for transportation.

Legislators are also trying to help out.  House Agriculture Committee Ranking Member Collin Peterson and Nebraska Representative Adrian Smith are solidifying congressional support for immediate action by President Obama.

Senators are coordinating efforts to make specific, immediate steps to allow propane transportation through interstate pipelines, highways, rails and waterways.

U.S. propane stocks have fallen far below the five-year seasonal average, according to the Energy Information Administration.  The EIA reported propane stocks are 25.8-million barrels lower than one-year ago, around a 45 percent drop.

Filed in: Agribusiness


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