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As of December 2015, the propane retail cost was approximately $1.97 per gallon, [62] which meant filling a 500-gallon propane tank to 80% capacity costed $788, a 16.9% decrease or $160 less from November 2013. Similar regional differences in prices are present with the December 2015 EIA figure for the East Coast at $2.67 per gallon and the ...
Propane is the number one alternative fuel in the world and offers an abundance of supply, liquid storage at low pressure, an excellent safety record and large cost savings when compared to traditional fuels. [57] Propane delivers an octane rating between 104 and 112 [58] depending
However, in many European countries, this tax break is often compensated by a much higher annual tax on cars using LPG than on cars using petrol or fuel-oil. 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.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.