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Prices at the pump are down by 4% over the past week and 12% over the past month. They have plunged by roughly one-third since hitting an all-time high of $5.016 a gallon in mid-June.
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As our Chart of the Week shows, headline PCE inflation, which includes all categories, showed prices actually fell from the prior month by 0.1%. This marked the first outright decline in prices ...
The wholesale price of propane in the summer of 2018 was between 86 cents to 96 cents per U.S. gallon, based on a truckload or railway car load. The price for home heating was exactly double that price; at 95 cents per gallon wholesale, a home-delivered price was $1.90 per gallon if ordered 500 gallons at a time.
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.