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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.
LPG may be used for a supplemental fuel for diesels of all sizes. Diesel contains 128,700 BTU per US gallon, where propane contains 91,690 BTU per US gallon. If LPG is 30–40% less expensive, there may very well be a saving. Any actual savings are dependent on the relative cost of diesel versus LPG.
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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 first known filling station was the city pharmacy in Wiesloch, Germany, where Bertha Benz refilled the tank of the first automobile on its maiden trip from Mannheim to Pforzheim back in 1888. Shortly thereafter other pharmacies sold gasoline as a side business. Since 2008 the Bertha Benz Memorial Route commemorates this event. [1] [2]