alternative fuel prices in North America
LPG price in North America in
LPG price in
A major side effect of the shale gas revolution was the explosion of LPG production. The volumetric increase in propane and butane production had the same effect on North America as it did on natural gas. North America went from being an importer to a major exporter of LPG with propane being the crucial component of automotive LPG, also called Autogas. So now North America is playing the role of the world's leading supplier of LPG. A curiosity: almost 97% of the propane/LPG consumed in the United States is produced in North America.
In this scenario, the retail price of LPG is behaving in a stable manner, maintaining a price stability not seen in other traditional fuels.
LPG prices in the last decade in North America have grown in a measured way while the prices of other transport fuels have doubled.