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Deregulated Energy States

By spragueoperati | April 17, 2023 | Comments Off on Deregulated Energy States
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Energy deregulation varies by state. Electricity and natural gas are frequently both deregulated in the northeastern states, but may be limited to larger scale businesses only. To find out whether […]

Refined Products Glossary

By spragueoperati | April 17, 2023 | Comments Off on Refined Products Glossary
Blue-tinted graphic header reading 'Refined Products Glossary' in large white text, overlaid on a background showing dictionary or reference book pages with various terms and definitions visible but blurred. The word 'GLOSSARY' appears faintly in the upper right corner of the background.

Absolute (values) Same as Flat. Reference to actual $/bbl or/gal price, as opposed to Basis values (see below) API The American Petroleum Institute, an industry advocacy group established in 1919 […]

Natural Gas Glossary

By spragueoperati | April 17, 2023 | Comments Off on Natural Gas Glossary
Blue-tinted graphic header reading 'NATURAL GAS Glossary' in large white text, overlaid on a background showing dictionary or reference book pages with various terms and definitions visible but blurred. The word 'GLOSSARY' appears faintly in the upper right corner of the background.

Algonquin (AGT) – Algonquin Gas Transmission A regional interstate natural gas pipeline system that transports natural gas from pipeline interconnects in New Jersey and southeastern New England to major markets […]

May NYMEX Natural Gas Futures Contract Closed at $2.114 on Friday, April 14th

By spragueoperati | April 17, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.114 on Friday, April 14th

Friday, April 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.986, two cents below Thursday’s closing price of $2.007. Falling to a seven-month intraday low of $1.968 […]

Regulatory Matters – First Quarter 2023

By spragueoperati | April 17, 2023 | Comments Off on Regulatory Matters – First Quarter 2023
1st quarter - 2023 Regulatory Matters

Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

The Oil Market Continued to Trade Within Wednesday’s Trading Range and Ended in Positive Territory for the Fourth Consecutive Week

By spragueoperati | April 17, 2023 | Comments Off on The Oil Market Continued to Trade Within Wednesday’s Trading Range and Ended in Positive Territory for the Fourth Consecutive Week

Recap:  On Friday, the oil market continued to trade within Wednesday’s trading range and ended in positive territory for the fourth consecutive week. The market opened relatively unchanged and traded […]

May NYMEX Natural Gas Futures Contract Closed at $2.007 on Thursday, April 13th

By spragueoperati | April 14, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.007 on Thursday, April 13th

Thursday, April 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.081, a penny below Wednesday’s closing price of $2.093. Recording the intraday high of $2.093 as echoes […]

The Producer Price Index Report Released on Thursday Morning and Wednesday’s Consumer Price Index Report Both Showed that Inflation Was Easing

By spragueoperati | April 14, 2023 | Comments Off on The Producer Price Index Report Released on Thursday Morning and Wednesday’s Consumer Price Index Report Both Showed that Inflation Was Easing

Recap:  The oil market on Thursday posted an inside trading day after failing to breach its previous trading range. The market traded sideways and posted a high of $83.44 in […]

May NYMEX Natural Gas Futures Contract Closed at $2.093 on Wednesday, April 12th

By spragueoperati | April 13, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.093 on Wednesday, April 12th

Wednesday, April 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.181, just below Tuesday’s closing price of $2.186. Recording the intraday high of $2.193 by 9:15AM, prices […]

The Oil Market Broke Out of its Recent Trading Range on Wednesday

By spragueoperati | April 13, 2023 | Comments Off on The Oil Market Broke Out of its Recent Trading Range on Wednesday

Recap:  The oil market broke out of its recent trading range on Wednesday as it breached its previous highs. Overnight, the market breached its resistance at $81.81 as it traded […]