Police are looking for whoever pulled up to an Indianapolis business and stole more than a dozen propane tanks.
Tom Ross, president of Ross-Gage, Inc. on Brookeville Road on the city’s south east side, said his forklift driver went outside Thursday afternoon> he later found 16 propane tanks gone.
“They’re secured by locks, small padlocks, and somebody cut the locks off somehow and removed them,” explained Ross.
The propane tanks are used to run forklifts at the company. They add index tabs to books. Ross says the propane and the tanks cost about $3,600 to $3,700.
“We’ll survive, and you know, the company will go on, but it’s a loss,” said Ross.
Ross says they managed to already get some more propane from their supplier, but it’s a pricey purchase these days.
“There’s a propane shortage in the state of Indiana right now. The prices have almost doubled, so that makes it more advantageous for someone that’s looking to do something like that,” explained Ross.
According to the US Energy Information Administration, residential propane cost $2.80 a gallon the week of December 30. By Feb 3, it was $3.89 a gallon. Wholesale propane cost $1.69 the week of December 30. By February, it is $2.70 a gallon.
“I called our insurance adjuster, and they said ‘yeah, it looks like this is the next wave of things to come,’” said Ross.
Indianapolis police say they haven’t seen a rash of these type of thefts at this point. 24-Hour News 8 asked multiple other agencies as well, and everyone we spoke with says they haven’t seen anything like this just yet.
If you have information on this particular crime, call Crimestopers at 317-262-tips.