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Propane is a hydrocarbon gas derived from natural gas processing and petroleum refining. It is a clean-burning fuel that is used in a variety of applications, including residential and commercial heating, cooking, and transportation. Propane is also used as a feedstock for the production of petrochemicals and as a fuel for industrial processes. In comparison to Liquefied Natural Gas (LNG), propane is a more cost-effective and efficient fuel source. It is also easier to store and transport, making it a popular choice for many applications.
Propane is a major component of the global energy market, with many companies involved in its production, distribution, and sale. Major players in the propane market include BP, Chevron, ExxonMobil, Shell, Total, and Valero Energy. Other companies involved in the propane market include AmeriGas, Ferrellgas, Suburban Propane, and UGI Corporation. Show Less Read more