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Congressmen Ribble, Kind want federal probe into propane price spike

WASHINGTON D.C. (WTAQ) - Two U.S. House members from Wisconsin want a federal investigation into the rapid rise of propane fuel prices.

La Crosse Democrat Ron Kind and Sherwood Republican Reid Ribble have joined 10 other members of Congress from the Midwest in seeking a House committee hearing on the subject. The request was made Friday in a letter to House Energy and Commerce chairman Fred Upton of Michigan.

They called the propane shortage, and the resulting price hikes, a problem that's going away. They said a formal hearing could explore whatever resources are available to moderate supplies, and relieve, "skyrocketing prices during the coldest time of the year."

According to the U.S. Energy Information Administration, a gallon of propane in Wisconsin cost an average of $3.94 a gallon on Monday. That's down from $4.49 the previous week -- but it's still almost twice the price of $2.16 a gallon two days before the New Year.

(Story courtesy of Wheeler News Service)