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Walker holds meeting to discuss propane shortage

Walker holds meeting to discuss propane shortage

UPDATE: MADISON, Wis. (AP) _ Gov. Scott Walker says the state will help propane dealers secure loans to purchase gas and release more money to help low-income propane users.

Wisconsin and other Midwestern states are grappling with a propane shortage and rising wholesale and retail prices. The governor declared a state of emergency on Saturday that clears the way for calling out the Wisconsin National Guard if needed.

On Monday he announced the state Wisconsin Economic Development Corporation and the Wisconsin Housing and Economic Development Authority would set aside $8 million to back loans propane dealers take out to purchase gas. Walker also announced the state would release another $8.5 million to help low-income consumers pay for propane.

He also is urging people to conserve their propane and track their supply closely.

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MADISON, Wis. (AP) _ Gov. Scott Walker says he will be gathering stakeholders on Monday to discuss a shortage of propane heating fuel in Wisconsin.

Walker said Thursday there is no quick fix to the shortage hitting many regions nationwide and sending prices for propane and natural gas to record highs.

 

Republican state Sen. Dale Schultz on Wednesday asked Walker to use some of the state's surplus revenue to address the problem, but Walker says more money will not have an impact.

Winter storms and bitter cold are contributing to the problem.

According to the Energy Department 5.5 million U.S. households heat with propane, mostly in the Midwest and South.

 

 

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