Search Results

A white fuel tanker truck with the Sprague logo and the slogan "Energy Makes the Difference" displayed prominently on the side. The truck is parked outdoors under a clear sky.

What Does Energy Deregulation Mean for Businesses in the Northeast?

By Emily Beckett | August 29, 2024 | Comments Off on What Does Energy Deregulation Mean for Businesses in the Northeast?

What is Energy Deregulation? Energy deregulation means separating the energy commodity (electricity or natural gas) from its delivery to the end user. Before deregulation, utilities handled both aspects as integrated […]

Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

By Emily Beckett | August 29, 2024 | Comments Off on Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

Recap:  The crude market continued to trend lower as demand concerns outweighed geopolitical tensions. The market traded lower due to continuing concerns over Chinese demand and increased risks of a […]

October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

By Emily Beckett | August 29, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

Wednesday, August 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.890, a penny below Tuesday’s closing price of $1.904. Marking a four-month intraday low of $1.856 within […]

A Potential Shutdown of Most of Libya’s Oil Fields

By Emily Beckett | August 28, 2024 | Comments Off on A Potential Shutdown of Most of Libya’s Oil Fields

Recap:  The oil market posted an inside trading day on a price correction after rallying over the previous three sessions on supply concerns amid fears of widening Middle East conflict […]

September NYMEX Natural Gas Futures Contract Closed at $1.904 on Tuesday, August 27th

By Emily Beckett | August 28, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $1.904 on Tuesday, August 27th

Tuesday, August 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.934, two cents below Monday’s closing price of $1.956. Recording the intraday high of $1.936 within minutes […]

Supply Concerns Amid Reports of Escalating Conflict in the Middle East

By Emily Beckett | August 27, 2024 | Comments Off on Supply Concerns Amid Reports of Escalating Conflict in the Middle East

Recap:  The oil market on Monday continued to trend higher for the third consecutive session on supply concerns amid reports of escalating conflict in the Middle East and output cuts […]

September NYMEX Natural Gas Futures Contract Closed at $1.956 on Monday, August 26th

By Emily Beckett | August 27, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $1.956 on Monday, August 26th

Monday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.979, four cents below Friday’s closing price of $2.022. Ascending to tally the intraday high of $2.006 […]

Guy Nido Inc. Embracing Renewable Diesel with Sprague

By Emily Beckett | August 26, 2024 | Comments Off on Guy Nido Inc. Embracing Renewable Diesel with Sprague

Guy Nido Inc. is a small, family-owned business with 20 employees based in Wilmington, Vermont serving over 2,500 customers in the area. They specialize in home heating oil, propane, diesel, […]

Signal That Interest Rate Cuts Would Be Among the Central Bank’s Priorities in the Next Few Months

By Emily Beckett | August 26, 2024 | Comments Off on Signal That Interest Rate Cuts Would Be Among the Central Bank’s Priorities in the Next Few Months

Recap:  The crude market on Friday traded higher as U.S. Federal Reserve Chair Jerome Powell signaled that interest rate cuts would be among the central bank’s priorities in the next […]

September NYMEX Natural Gas Futures Contract Closed at $2.022 on Friday, August 23rd

By Emily Beckett | August 26, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.022 on Friday, August 23rd

Friday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.020, three cents below Thursday’s closing price of $2.053. In an uneventful day of trading, prices tallied […]