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Actually it is due to the difference in fuel economy, I had four cars converted to dual fuel (Mitsubishi express 84, Lancruiser 60 series 88, EA ford Fairmont 92 and a Landrover 300Tdi 97), the reason that gas is no longer a viable conversion is, the drop in fuel economy cancels any advantage in fuel cost.That’s more to do with taxi’s moving to Hybrid Technology and burning petrol rather than LPG.
As smurf said years ago LPG autofuel was less than half the cost of petrol, so a 30% drop in economy was still worth it, now I notice locally LPG is 89c and unleaded is $1.10, it is as simple as that.
The conversion cost isn't worth it and after 10 years the tank and system has to be pressure certified, so when the cost of LPG went up people didn't bother.