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It was founded in 1998 by its current president and CEO John J. Sherman after he sold his start up propane marketing company LPG Services Group to Dynegy. [3] As of November 2010, the company had acquired 89 businesses – mostly regional and local propane distributors.
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 National Propane Gas Association (NPGA) is an American trade association representing and advocating on behalf of the U.S. propane and renewable propane industries. 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.
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.
In 2014, it is estimated that the number of auto propane vehicles on the road in Canada is between 25,000 – 50,000 and the number of fuelling stations is 2,000. In 2014, auto propane amounted to 7% of the total domestic propane consumption in Canada.
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The company was founded in 1939 by Alfred Carl (A.C.) Ferrell in Atchison, Kansas. [4] Established as A.C. Ferrell Butane Gas Company, the business prospered during World War II and the immediate post-war years. The company sold gas heaters and floor furnaces from its storefront on Commercial Street in downtown Atchison.
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