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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 ...
One US gallon (3.79 litres) of gas in an F-style can A group of 25 kg (55 lb) liquefied petroleum gas (LPG) cylinders in Malta. A fuel container is a container such as a steel can, bottle, drum, etc. for transporting, storing, and dispensing various fuels.
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.
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 United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] Proceeds from the tax partly support the Highway Trust Fund . The federal tax was last raised on October 1, 1993, and is not indexed to inflation , which increased 111% from Oct. 1993 until Dec. 2023.
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