Today is Tuesday, 19th November 2024

IL: Dem AG Investigates Salt Shortage. Finds Nothing

From CNNMoney:

Illinois Attorney General Lisa Madigan is investigating possible collusion among suppliers, but so far has found nothing illegal, spokeswoman Robyn Ziegler said.

Dick Hanneman, president of the Salt Institute – a trade group representing U.S. and Canadian salt manufacturers – said the price increase was caused by a “perfect storm” of factors.

Record snow in parts of the U.S. last winter depleted road salt supplies, even though suppliers shipped a near-record 20.3 million tons, up from the average 16 million tons a year through the previous decade, he said.

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