Tom Reed posted a June 9, 2015 Jamestown Post-Journal article by Jimmy McCarthy. McCarthy writes:
The plentiful propane commodity serves the needs of American consumers from heating to farming.
Challenges, however, remain for maintaining a reliable, consistent and affordable source.
Yes indeed. One current challenge is finding a place to store surplus propane. As Rep. Latta notes below, there is currently a glut of propane unable to be sold.
The caucus aims to administer a bipartisan forum, engaging members of Congress, their staff and the public on issues related to the propane industry and its consumers. Reed said propane is a valuable part of the comprehensive energy strategy needed to drive Western New York’s economy in the 21st century. The caucus is striving to ensure a long-term policy is in place to address propane needs.
To address “propane needs?” Does Tom mean “propane producer’s needs?”
“We had a shortage that was brought to our attention in the northeast recently,” Reed said. “It could have been devastating in regards to the ability to keep people warm, especially this past winter in particular.”
“It really is a part of an all-of-the-above energy plan that I hope we as a nation will adopt,” he (Reed) said. “It’s a component to the needs of America’s energy, especially when it comes to home heating sources. That is critical to making sure that people are safe and have a quality of life.”
America’s energy will heat homes, but not here. Much propane is exported. Is Tom ever honest with his constituents?
“I am pleased to start this caucus in order to educate fellow members of Congress on the many uses of propane, its importance to the constituents we serve, and the issues both the industry and its consumers face,” said Latta.
“It is imperative that we do everything in our power to protect families and local businesses from facing the price shocks we witnessed in the winter of 2014, when a lack of supply put people’s lives and livelihoods at risk,” said Rep. Tim Walz (D-MN) co-chair.
The price shock the industry is concerned about isn’t the prospect of high prices in the future, but rather low and falling prices today. That’s why they are looking for more places to store the stuff.