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In August 2007, Anglo American announced it would seek to sell Tarmac; [37] however, in February 2008, the company went on to report that it was putting the sale on hold, allegedly due to the economic consequences of the Great Recession. [38] [39] In June 2008, Tarmac Iberia was sold to Holcim. [40]
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.
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.
California is among the states with the highest gas prices on average, according to the American Automobile Association, with a gallon of regular gasoline going for $5.42 as of April 23. The ...
[56] [57] Autogas use by car drivers can help the United States to reduce dependence on foreign oil as 90% of all U.S. Autogas is produced in the U.S. [58] [59] In 2005, a provision was enacted that placed a 50-cent per gallon tax credit on propane autogas as part of H.R. 4853, making it $1 per gallon cheaper than petrol on average. The ...
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