Amidst the onslaught of low temperatures that have impacted lives here in Western North Carolina, another assault threatens to take hold throughout the state with the rising prices of propane.
According to data obtained from the United States Energy Information Administration the price of propane on Dec. 2, 2013, was on average, just under $3 per gallon. In two months, that price has grown to $4 per gallon, just in time for the latest winter storm. Since the sale of propane isn't monitored by the N.C. Utilities Commission like other forms of energy, distributors are able to set the price however they may see fit.
In response to this practice, N.C. Attorney General Roy Cooper has come out in opposition to the practice of price gouging — or increasing the price because of high demand as a result of a disaster.