Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
August 5, 2015

Senators Push for Propane Supply Safeguards

Source: U.S. Energy Information Administration

Source: U.S. Energy Information Administration with Thomson Reuters data.

Midwestern senators introduced a bill Thursday intended to avoid a repeat of the heating situation this bitter cold winter when propane supplies dwindled and prices skyrocketed.

The bill – sponsored by Senate Energy and Natural Resources Committee members Tammy Balwin, D-Wis., Al Franken, D-Minn., and Rob Portman, R-Ohio. – would establish the Energy secretary as the emergency coordinator in a shortage, increase reporting of supplies and give a clearer understanding of price fluctuations, according to a summary.

Exports of propane and repurposing of pipelines also contributed to the shortage this winter, the Energy Information Administration has said.

“We would greatly welcome better storage information, more transparency,” Joe Cordill, president of Cordill Propane Service told the committee in May, as we reported on CQ.com.  Cordill said market data from the Energy Information Agency includes regional supplies but is limited because it does not show what amounts have been contracted and what supply is available for purchase. “Any additional information that we could get as marketers would be greatly appreciated,” he said.

Unlike natural gas, supplies of propane have rebounded to near the top of the five-year range.

Comments (4)

Leave a Comment

Your email address will not be published.

author email

  1. Anonymous

    July 28, 2015
    5:55 a.m.

    Hey there! Do you use Twitter? I’d like to follow you if that would be ok. I’m undoubtedly enjoying your blog and look forward to new updates.

    http://www.sdorttuiiplmnr.com/

  2. Anonymous

    July 30, 2015
    7:12 p.m.

    Hey there are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you require any html coding knowledge to make your own blog? Any help would be really appreciated!

    http://stylewithshannon.com/custom-chinese-chop-and-digital-chinese-seal-design/

  3. Anonymous

    July 31, 2015
    10:29 a.m.

    It is perfect time to make some plans for the future and it is time to be happy. I’ve read this put up and if I may I wish to suggest you few interesting issues or advice. Maybe you can write next articles regarding this article. I desire to learn even more things approximately it!

    http://hotel-guitar.pl

  4. Anonymous

    Aug. 2, 2015
    11:48 a.m.

    Thanks for all your efforts that you have put in this. very interesting info .

    http://www.consultdustry.com/send-resume/

Sign In

Forgot password?

Or

Subscribe

Receive daily coverage of the people, politics and personality of Capitol Hill.

Subscription | Free Trial

Logging you in. One moment, please...