vocabulary: name: Sprague Resources Energy Vocabulary description: >- Domain vocabulary for Sprague Energy's petroleum distribution, natural gas supply, electricity procurement, and materials handling operations across the northeastern United States and Quebec. version: "1.0.0" created: "2026-05-02" modified: "2026-05-02" provider: Sprague Resources / Hartree Partners domain: Energy Distribution terms: - term: Heating Oil definition: >- A refined petroleum product (No. 2 distillate fuel oil) used to heat residential and commercial buildings. Sprague distributes heating oil throughout the northeastern United States as one of its primary products. tags: [Petroleum, Fuel, Residential, Commercial] aliases: [home heating oil, fuel oil, No. 2 oil] - term: Ultra-Low Sulfur Diesel definition: >- Diesel fuel with sulfur content of 15 parts per million or less, required by EPA regulations for on-road vehicles. Sprague distributes ULSD from terminals throughout the Northeast for commercial fleets, trucking, and construction. tags: [Diesel, Petroleum, Regulatory, Fleet] aliases: [ULSD, ultra-low sulfur diesel, clean diesel] - term: Biofuel definition: >- Fuel derived from renewable biological sources, often blended with petroleum diesel (B5, B20) to reduce emissions. Sprague offers biofuel blends as part of its sustainability product mix. tags: [Renewable, Fuel, Sustainability] aliases: [biodiesel, bio-blend, B5, B20] - term: Bunker Fuel definition: >- Heavy fuel oil used to power ocean-going ships and marine vessels. Sprague provides bunker fuel services from its port terminal facilities, leveraging its marine logistics infrastructure. tags: [Marine, Fuel, Petroleum] aliases: [marine fuel, heavy fuel oil, IFO] - term: Terminal definition: >- A port facility where petroleum products are received from tankers, stored in large tanks, and distributed to customers via truck, pipeline, or barge. Sprague operates 20+ terminal facilities across the northeastern US and Quebec. tags: [Infrastructure, Logistics, Port] aliases: [fuel terminal, storage terminal, distribution terminal] - term: SpraguePORT definition: >- Sprague Energy's proprietary electronic customer portal providing one-stop digital access to account management, order history, invoice details, market data, and energy management tools for commercial customers and channel partners. tags: [Technology, Customer Portal, Digital] aliases: [customer portal, MyAccount] - term: Sprague Real-time definition: >- Sprague Energy's online pricing tool described as "the industry's best and simplest online pricing tool" for resellers and brokers to access current market pricing for petroleum products. tags: [Pricing, Technology, Market Data] aliases: [real-time pricing, market pricing tool] - term: Keep Full Service definition: >- A fuel delivery program where Sprague monitors customer tank levels and automatically schedules deliveries to keep tanks at or above a minimum threshold without requiring the customer to place individual orders. tags: [Service, Automated Delivery, Fuel] aliases: [automatic delivery, tank monitoring, will-fill] - term: Will Call definition: >- A fuel delivery arrangement where the customer contacts Sprague to request delivery when needed, rather than receiving automatic scheduled deliveries. tags: [Service, Delivery, Customer Managed] - term: Natural Gas Supply definition: >- Sprague's commodity procurement service providing natural gas to commercial and industrial customers in the Northeast. Sprague offers customized supply plans based on market analysis and customer load profiles. tags: [Natural Gas, Commodity, Energy] - term: Electricity Procurement definition: >- Sprague's service for sourcing and purchasing electricity for commercial customers, including brokerage services following the 2026 acquisition of Global Companies' natural gas and electricity brokerage business. tags: [Electricity, Procurement, Energy] - term: Residual Fuel definition: >- Heavy petroleum products (No. 5 and No. 6 fuel oils) remaining after lighter fractions are distilled from crude oil. Used in industrial boilers and power generation. Sprague distributes residual fuels via its terminal network. tags: [Petroleum, Industrial, Fuel] aliases: [heavy fuel oil, fuel oil No. 5, fuel oil No. 6] - term: Hartree Partners definition: >- The commodity trading and asset management company that acquired Sprague Resources LP in 2024, becoming Sprague's majority owner. Hartree is headquartered in New York and operates in global energy commodity markets. tags: [Corporate, Ownership, Private Equity] - term: Materials Handling definition: >- Sprague's terminal and logistics services for handling bulk and breakbulk cargo beyond petroleum products, including wind turbine components, asphalt, and other industrial materials transported by ship through Sprague's port terminals. tags: [Logistics, Port, Infrastructure] - term: Index Pricing definition: >- A pricing mechanism where fuel prices are tied to a market index (such as NYMEX heating oil futures or rack prices), adjusting automatically as market conditions change. Offered as an alternative to fixed-price contracts. tags: [Pricing, Market, Commodity] aliases: [market-indexed pricing, floating price, index-linked] - term: Fixed Price Contract definition: >- A fuel supply agreement where the price per unit is locked in for a specified period or volume, providing customers price certainty regardless of market fluctuations. tags: [Pricing, Contract, Risk Management] classifications: product_types: - heating_oil - diesel - ultra_low_sulfur_diesel - gasoline - kerosene - biofuel - bunker_fuel - residual_fuel - natural_gas - electricity pricing_types: - fixed - index - market - cap delivery_types: - keep_full - will_call - automatic - scheduled customer_segments: - commercial - industrial - residential - reseller - broker - government - fleet service_areas: - Maine - New Hampshire - Vermont - Massachusetts - Rhode Island - Connecticut - New York - New Jersey - Pennsylvania - Delaware - Maryland - Quebec