Ray Energy introduces new Northeast supply point

April 30, 2020 By    

Ray Energy designated a new supply point in Bellows Falls, Vermont.

The supply point is located at the village’s rail-access bulk propane storage terminal. It is designed to serve marketers in states throughout the Northeast, including Vermont, Maine, New Hampshire, Massachusetts, Rhode Island and Connecticut.

Similar to its rail and truck terminal in New York, Ray Energy will bring its own rail car supply into Bellows Falls for distribution.

“This addition builds on our supply and logistics capabilities and enables us to provide more stable and efficient supply to propane retailers in the Northeast,” says Ken Ray, president of Ray Energy.

Ray Energy is one of the largest wholesale propane suppliers in the Northeast. It has a substantial asset portfolio, including pipeline, rail and marine sources across the eastern and mid-central United States.

Ray Energy was founded in 1904 and began as John Ray & Sons, an ice and coal delivery company. In 1975, the company established a service division and expanded its product lines to include gasoline, diesel and retail propane.

The supplier, now 166 years old, operates its own logistics services for propane delivery to industrial and wholesale customers, serving the entire eastern United States from Maine to Florida. It also offers tailored risk management solutions to manage volatility in the commodity markets.

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About the Author:

Carly Bemer (McFadden) was the managing editor at LP Gas magazine.

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