Amid a spike in prices, Gov. Jay Nixon allocated $15 million in federal funds from the Low-Income Home Energy Assistance Program to help Missourians buy propane to heat their homes. Nixon said the attorney general is handling the investigation into why prices have risen so quickly.
“It takes a while to figure out what’s going on. … But we don’t have that kind of time. The temperatures are going to be down around 10 below this week in northern Missouri and propane prices are double,” Nixon said.
He said the retail price of propane has doubled in recent weeks to nearly $4 per gallon. About 245,000 homes in Missouri, or 10 percent of homes in the state, are heated by propane. Nixon also announced the state will double the amount a household can receive for propane assistance, from $264-$450 per year to $528-$900 per year.