Wis. Lawmaker Calls for Action Amid Propane Price Spike

Created: 01/24/2014 10:47 PM

A Wisconsin lawmaker is calling for the state government to take action amid soaring propane prices.

The price for a gallon of propane has doubled since last week and now costs more than $5.00. Rep. Nick Milroy (D-South Shore) is concerned about smaller suppliers being able to afford the propane, and worries they may not be able to fulfill their obligations to customers.

"There's a lot of customers in Northern Wisconsin that have prepaid for their propane, but because the supply chain has a bottleneck and the prices have escalated a lot of these small retailers are not even able to afford to pay for one load to come to their storage facility," Milroy said Friday.

He talked with state government leaders on Thursday and says a $5 million short-term low-interest loan program is in the works to help those suppliers and thinks it should be available very soon.

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