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AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
On December 1, 2002, Ferrellgas purchased the propane operations of ProAm, Inc., then the nation's 17th largest propane retailer, for $25.6 million and a $10 million deferred seller note. The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas.
AmeriGas, Ypsilanti, MI. UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. [1] UGI owns AmeriGas, the largest propane marketer in the United States.
Propane is the third most widely used motor fuel in the world. 2013 estimates are that over 24.9 million vehicles are fueled by propane gas worldwide. Over 25 million tonnes (over 9 billion US gallons) are used annually as a vehicle fuel. Not all automobile engines are suitable for use with LPG as a fuel.
As of October 2013, the retail cost of propane was approximately $2.37 per gallon, or roughly $25.95 per 1 million BTUs. [58] This means that filling a 500-gallon propane tank, which is what households that use propane as their main source of energy usually require, cost $948 (80% of 500 gallons or 400 gallons), a 7.5% increase on the 2012 ...
The time to fill a CNG tank varies greatly depending on the station. Home refuels typically fill at about 1 kg/h (0.4 GGE/h). At gas stations, where the pressure is greatly higher, it is possible to refill a 25 kg (10 GGE) tank in 5–10 minutes. Also, because of the lower energy density, the CNG range is lower compared to LNG.