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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.
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 ...
Aug. 9—AmeriGas has issued a recall notification "out of an abundance of caution" for propane barbecue grill tanks sold in southern and central New Hampshire and the Greater Boston area between ...
These are the national average gas prices of the 1980s (per gallon) and how much it would have cost to fill up with a tank of gas at the time. 1980 — $1.19 ($4.54 in today’s dollars) or $17.85 ...
In 1993, through its AmeriGas subsidiary, the company acquired Petrolane, which was in bankruptcy. [10] In 1999, the company offered to acquire Unisource Worldwide, a distributor of office paper, but it was outbid by Georgia-Pacific. [11] On April 1, 2013, John Walsh succeeded Lon Greenberg as president and chief executive officer. [12]