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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.
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.
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 current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
Propane has a low-carbon content, has no methane emissions, is nontoxic, and is designated an approved clean, alternative fuel under the Clean Air Act Amendments. History Established in 1931 as the National Bottled Gas Association (NBGA), in 1937 the name changed to the Liquified Petroleum Gas Association (LPGA) to encompass the entire LP-gas ...
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