Loading chat...
MO SR1168
Resolution
AI Summary
- The Cochin pipeline from Alberta, Canada, which transports 70,000 barrels of propane per day across 1,900 miles, was closed for a large portion of December 2013
- Propane exports increased from 189,000 barrels per day in October 2012 to 408,000 barrels per day in October 2013
- Current propane inventories can supply only 24 days of consumer demand, down from 42 days a year earlier
- Propane prices at the Conway, Kansas storage facility reached $2.15 per gallon in January 2014, while Mont Belvieu, Texas facility prices were $1.48 per gallon; Midwest residential propane cost $2.433 per gallon in January 2014 compared to $1.715 a year earlier
- Missouri Senate urges the U.S. Department of Justice to investigate propane price increases, price disparities among storage facilities, and supply shortages affecting Missouri consumers
Legislative Description
Urges the United States Department of Justice to investigate the price increase of propane, the price disparity of propane among storage facilities, and the supply shortage of propane available to consumers
Last Action
S adopted
2/11/2014
Committee Referrals
Rules, Joint Rules, Resolutions & Ethics1/28/2014
Full Bill Text
No bill text available