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AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [2]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.
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 $2.67 per gallon and the ...
US$ 2.0 billion (2023) Number of employees. 4,005 (2023) Website. www.ferrellgas.com. www.bluerhino.com. Ferrellgas Partners, L.P. is an American supplier of propane founded 84–85 years ago in Atchison, Kansas by A.C. Ferrell. The nationwide company is headquartered in Liberty, Missouri.
Liquefied petroleum gas. Liquefied petroleum gas, also referred to as liquid petroleum gas (LPG or LP gas), is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, n -butane and isobutane. It can sometimes contain some propylene, butylene, and isobutene. [1][2][3]
The smallest of these trucks usually carry about 1,000 US gallons (3,800 L; 830 imp gal) of LPG under pressure. Typically, LPG tank trucks carry up to 3,499 US gallons of product (usually liquid propane), on a 2-axle bobtail truck. 3,500 US gallons (13,200 L; 2,900 imp gal) and greater requires a 3-axle truck (tank wagon).
Sometimes more expensive underground tanks are used for storage. Smaller quantities (say 700 cubic metres (180,000 US gal) and less) may be stored in horizontal or vertical, vacuum-jacketed, pressure vessels. These tanks may be at pressures anywhere from less than 50 to over 1,700 kPa (7.3–246.6 psi).