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Home / IL: Dem AG Investigates Salt Shortage. Finds NothingIL: Dem AG Investigates Salt Shortage. Finds Nothing
Last Updated on Tuesday, 2 December 2008 11:46 Written by rslcpol Tuesday, 2 December 2008 11:46
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.