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Sprague Operating Resources LLC Announces Exclusive Energy Partnership with New York Hospitality and Tourism Association

January 19, 2024
Portsmouth, NH – Sprague Operating Resources LLC., a leading provider of energy solutions and material handling services across the Northeast, is thrilled to announce its designation as the Exclusive Energy Partner for New York's Hospitality and Tourism sector for the year 2024. ... Read More

The Top 5 Benefits of Adding Biofuel to Your Heating Oil

June 28, 2022
Whether you’re looking to increase your renewable energy use or simply follow a state mandate, adding biofuel to your heating oil to make Bioheat® fuel offers big benefits to homeowners and the environment.  Here, we share the top five benefits of using Biofuel in your heating oi ... Read More

What is Biofuel and Why is it Important?

June 28, 2022
Biofuel is an alternative fuel sourced from renewable feedstocks including soybeans, animal fats, and used cooking oil. In other words, biofuel is made from biomass, which makes it an organic renewable energy source. The conversion is a multistep process that involves biological ... Read More

Natural gas and electricity price fluctuations in New England are causing concerns as the winter season approaches

October 11, 2021
Natural gas and electricity price fluctuations in New England are causing concerns as the winter season quickly approaches.  The current natural gas storage levels combined with increased demand on New England’s natural gas supply feeding liquefied natural gas (LNG) exports to Eu ... Read More

February NYMEX Natural Gas Futures Contract Closed at $2.539 on Wednesday, January 20th

January 21, 2021
Wednesday, January 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, seven cents below Tuesday’s closing price of $2.546.  Edging lower to mark a three-week intraday low of $2.454 at 10:40AM, traders are losing faith in the arrival of frigid temperatures ... Read More

October NYMEX Natural Gas Futures Contract Closed at $2.585 on Monday, September 9th

September 10, 2019
Monday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.520, two cents above Friday’s closing price of $2.496.  Posting a similar pattern to Friday’s activity, prices fell to an intraday low of $2.517 as markets opened and spent the subsequent nine ... Read More

August NYMEX Natural Gas Futures Contract Closed at $2.244 on Thursday, July 25th

July 26, 2019
Thursday, July 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.240, two cents above Wednesday’s closing price of $2.220.  Rising to an intraday high of $2.261 by 9:50AM, prices stabilized near this mark until the weekly storage report was published forty mi ... Read More

Regulatory Matters - First Quarter 2019

April 15, 2019
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 construed as legal or business advice on any subject matter. You should not act or ... Read More
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Oil prices settled down as OPEC and non-OPEC members discuss increasing output

June 20, 2018
Recap:  Oil prices opened the session trading at unchanged to slightly higher; however, the inability to break above Monday’s high sparked light technical selling, which became exacerbated by trade tensions between China and the U.S. and the possibility that OPEC and non-OPEC mem ... Read More
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Oil prices dropped as traders weigh in on tariffs on U.S. products by China

June 19, 2018
Recap:  Trading was volatile on Monday, with oil prices slipping early in the session. July WTI fell as much as 2.3%, to a session low of $63.59 a barrel, while August Brent tumbled 1.3%, to $72.44 a barrel. The drop in prices came as traders weighed in on the imposition of tarif ... Read More
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