EXHIBIT 99.1

                                  PRESS RELEASE

August 31, 2000 - All Star Gas Corporation announced today that it has extended
the period during which the Offer to Exchange and the Consent Solicitation
(collectively, the "Offer") dated June 30, 2000 with respect to its 9%
Subordinated Debentures due 2007 (the "Subordinated Notes") is open.

         The Offer expires at 5:00 p.m., Eastern Standard time, on September 29,
2000 (the "Expiration Date"). Through August 30, 2000 approximately $2,511,200
principal amount of the Subordinated Notes have been tendered. Tenders of
Subordinated Notes pursuant to the Offer may be withdrawn at any time prior to
the Expiration Date.

         This press release contains statements that are forward looking. These
statements are not projections or assured results.

         For additional information contact Valeria Schall, All Star Gas
Corporation, 417-532- 3103.