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Booze: It’s 10 o’clock, where’s the keg at?

September 22nd, 2008 Reezy Leave a comment Go to comments

FROM THE BOOZE BUZZ: This video on CNN.com shows that beer distributors are taking some drastic measures to prevent theft of their kegs, including installing GPS systems. Sellers are trying to find a way to ward off thefts without raising deposits on the kegs.

The high price of scrap metal is driving thefts up–a single keg can fetch $30 or $40 when sold to a scrapper. If distributors are only requiring deposits of $20, the potential for profit is clear.

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