The Heffron Blog
March 15, 2017
With the recent surge in U.S. crude oil production, we’ve seen increasing mention of the phrase “propane as a percentage of crude oil.” What does the phrase mean and why is it important?
February 14, 2017
OPEC is reporting record compliance (over 90%) with output cuts of almost 1.8 million barrels per day during the month of January. With the highest rig count in two years, should we expect to see a shift to another battle for market share?
January 15, 2017
Many people think technical trading is unscientific, and perhaps it is. But can science explain everything?
Dependable Delivery: A Family Tradition Since 1904
Founded in 1904, John Ray & Sons began as an ice delivery company. Over the past 112 years, the company increased its product offerings to include coal, wood, kerosene, and home heating oil to customers throughout New York's Greater Capital Region.
Kenneth J. Ray joined the family business in 1975, established a service division, expanded the company's product lines to include gasoline, diesel, and retail propane, and eventually assumed ownership.
When the retail heating oil, propane, and diesel divisions were divested, Ray retained ownership of the company’s premium gasoline division and midstream propane operation. The decision to divest the retail divisions was a carefully considered and strategic decision, resulting in the formation of Ray Energy Corp.