The Heffron Blog
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?
December 18, 2016
Formed roughly 280 million years ago, the Permian Basin in Texas, containing the “Wolfcamp Shale”, holds an estimated 20 billion barrels of shale oil reserves.
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.