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The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas. Late 2003 and early 2004 were highlighted by the acquisitions of Aeropres Propane of Bossier City, Louisiana, and Suburban Propane Partners's operations in Texas, Oklahoma, Kansas, and Missouri.
In the futures market, natural gas prices soared 10 percent on Tuesday. As for propane, more than two dozen states are facing supply shortages. That's sent prices soaring by as much as 50 percent ...
In the U.S., over 190,000 on-road vehicles use propane, and over 450,000 forklifts use it for power. It is the third most popular vehicle fuel in the world, [43] behind gasoline and diesel fuel. In other parts of the world, propane used in vehicles is known as autogas. In 2007, approximately 13 million vehicles worldwide use autogas. [43]
Audi A5 2,0 T FSI CNG (planned) (unveiled 12/07); BMW 3 Series (E36) 316g CNG BMW 5 Series (E34) 518g CNG Chevrolet Cavalier Bi-Fuel CNG; Citroën C3 1,4 GNV man.; Citroën Berlingo Multispace 1,4 GNV man.
The company has floated a 2.7 million-strong issue of the units in an underwritten public offering at a price of $48.16 apiece. Additionally, SPP has Suburban Propane Partners to Float New Unit Issue
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[20] [21] The number of flex-fuel vehicles on U.S roads increased from 1.4 million in 2001, to 4.1 million in 2005, and rose to 7.3 million in 2008. [3] [19] E85 flex-fuel vehicles are becoming increasingly common in the Midwest, where corn is a major crop and is the primary feedstock for ethanol fuel production.