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Inflation Reduction Act Climate Bill 2022

Latest Climate Bill Impact on Oil and Gas

Inflation has been impacting us all. No one is enjoying the latest hikes in our national economy from oil and gas production and movement to general prices at the pump. Last month congress made some serious moves to remedy inflation taxes that are hurting Americans’ budgets.

The Inflation Reduction Act of 2022 is one of the biggest congressional moves from the Biden administration. However, while we love the idea of the average person saving money, we have to ask just how this new law will impact how the oil and gas industry operates in the long term.

What is the Inflaction Reduction Act?

The Inflation Reduction Act of 2022 is a new act that aims to tackle inflation and reduce national debt. U.S. Senator Joe Manchin (D-WV) states that the act “will increase domestic energy production, lower energy and healthcare costs, and pay down our national debt without raising costs for working Americans.”

Manchin went on to state the act will lower gas prices, energy prices, and bolster energy security.

How Does it Influence Action for the Climate?

So, what does all of this saving have to do with the climate crisis? Let’s get into the deeper details.

According to an article from Financial Times, the climate law contains several aspects that will reward clean energy investment and reduce overall methane emissions from oil and gas companies and development sites over time

Will the Oil and Gas Industry Have to Pay Up?

In short, for many major production companies, yes. The landmark climate law presents the first time ever that a fee is charged for methane leaks from the oil and gas sector.

According to the Act itself, the law will present charges of $900 per tonne of methane to companies that emit it from pipelines, wells, facilities, and liquefied gas terminals.

This law will be in effect starting in 2024.

However, two years later, the fees plan to increase to $1,500 a tonne.

The goal is to reduce methane emissions by 30 percent at the end of the decade, and bring in national revenue that totals around 6 billion dollars.

If this plan has your facility sweating, the truth is that it will only impact roughly 40 percent of the industry. The other 60 percent, or, sites that produce methane less than 25,000 tons of the equivalent to CO2 per year, are exempt from the fee.

Benefits to Oil and Gas with Climate Bill

It’s easy to see this move as the government stepping in to once again tighten its grip on our industry. However, there are still some benefits our industry can experience, as at the end of the day, the Act also has several provisions that reflect well for oil and gas.

The bill actually rolls back some of President Biden’s former shutdowns of leasing opportunities. It contains a provision for oil and gas offshore leases that allow for more drilling activities in the Gulf of Mexico. As our industry has already begun to take an environmentally-friendlier approach to practices, this is a great opportunity for invested companies to experiment with and expand their clean initiatives.

We predict this could help leaders of our industry find solutions to producing necessary oil and gas products with renewables as a partnership rather than a threat to our industry’s livelihood.

Oil and Gas News by Pro-Gas Services

If you’re like us, you’re interested in what the next few years have in store for oil and gas. Don’t worry! Pro-Gas Services, LLC is on the case. We provide our clients with the latest oil and gas services and technologies and keep everyone in the loop with upcoming news developments that impact our industry.

To learn more about our facility management services, gas conditioners and other products we offer, contact us! We’re ready to help your site get with the latest industry initiatives.

Oil Barrels and Dollar Signs

Cost-Saving Strategies for Modern Oil and Gas Facilities

Leaders in the oil and gas industry understand how much the market affects their business. Drastic and unpredictable swings in barrel and natural gas prices can upset any production.

While it can be difficult to forecast when prices will change, and business will improve or worsen, implementing cost-saving strategies into your business plan can help you save money in the long term.

Cost reduction strategies are crucial to help make companies more profitable and survive downturns in the market.

Let’s examine some of the ways your business can take advantage of modern strategies today.

Cost-Saving Tips Any Gas or Oil Business Can Accomplish

Oil and gas facilities can benefit from modernizing some of their facility services. These modern solutions can produce significant savings for the company that can help a business gain control over its finances for the extended future.

Drones and Robot Tech

Drones are an advanced technology that can monitor large work areas, hard-to-reach equipment, and potentially dangerous situations. Using a drone to monitor difficult areas of your facility and equipment reduces manpower and increases efficiency.

Robots are another tech that helps a facility remain safer and more efficient. Incorporating robot technology in some areas of your business will allow you to reduce human resources on high-risk jobs or complete simple tasks faster than an employee.

This will allow you to fully utilize your workforce in other areas of your business while the robots take care of the dangerous or simple tasks.

Smart Technologies

You can easily incorporate many smart technologies into your systems to improve efficiency while reducing costs.

The Smart Bit is a fantastic tool in the oil and gas industry that can improve drilling and reduce costs for multiple drill bits. These bits can sense the rocks and soil in the ground and adjust their drilling operations to work more efficiently. You will not have to change bits each time you reach a layer of rock or soil. This example of having to drill using only one bit is just a taste of how automated technology can help your facility and drill sites maximize productivity.

Updating Natural Gas Production Equipment

There is a significant difference in cost and production when you use updated equipment for natural gas production.

Companies like Pro-Gas Services have the latest equipment and technologies available for every stage of natural gas production. Our equipment, like gas conditioners and NGL storage, are all built onto skids, making them transportable to any area where you are drilling or producing gas.

When your equipment can move with your team, your site saves money on having to either repurchase or experience a difficult relocation on essential machinery.

Avoid Corrosion

All oil and gas company equipment eventually deteriorates from metal corrosion. It has been an accepted fact for many years. Coating or painting the pipes can slow the process, but eventual repairs and replacements are costly.

Fortunately, newer coatings are available on the market to protect equipment pipes. These new coatings do not delay corrosion; they completely prevent corrosion. This is a very cost-effective way of reducing costly repairs and downtime.

Updating Software

You can save a lot of time and introduce new programs to your business by updating the software your facility uses for general management. Many new programs have multiple functions that streamline operational processes and reduce the amount of time needed for any type of business you are conducting from a computer.

Cloud technology exponentially adds to the value of updated software. You can review information or programs anywhere you need it from any authorized device through cloud access.

In the oil and gas industry, it’s easy for urgent complications to arise that hold-up efficiency. Using cloud technology, your team can respond quickly to issues and help push productivity along, even on the go!

Reduce Costs and Increase Equipment Quality With Pro-Gas Services Today!

If you are interested in updating your current natural gas production equipment, you are encouraged to call Pro-Gas Services. We will gladly help you with your natural gas production equipment needs.

Contact us today to learn more about our product availability.

Fuel Gas Conditioning Skid

How Gas Conditioning Shapes Oil and Gas Industry

Natural gas is frequently used in modern-day power plants, homes, and businesses worldwide. Unfortunately, purely natural gas isn’t prepared for consumer use upon collection. If it were used right away, much of the equipment that operates on natural gas could be damaged due to sensitivity to contaminants in raw natural gas.

What is Gas Conditioning?

In order to make gas useable for consumers, it must be treated to a very high purity level for efficient use and safety protection. This process is called gas conditioning.

Gas conditioning is one of the most important aspects of the production process and Pro-Gas Services is proud remove liquids and other particles through our effective and mobile gas conditioning equipment.

Removal processes are used to decrease more than 99 percent of unwanted particles. This results in better gas quality and protects the life span of equipment that is using this gas. When quality is low, this results in increased corrosion and damage.

Gas Conditioning Regulates Necessary Temperatures

It’s also important to note that gas conditioning is used to regulate temperature. The gas temperature must remain higher than the dew point amount.

Gas conditioners also regulate the pressure of the gas. Stable operating pressure is necessary for most motors and equipment in order to boost efficiency and reduce the risk of a major pressure variation.

Gas Conditioning from a Safety Perspective

It’s incredibly important that equipment run using natural gas is used in a safe manner.

While different features are installed onto equipment that will provide additional safety (relief valves, shut valves, and monitoring equipment), conditioning is important to:

  • Remove contaminants in the form of liquids and solids
  • Measure flow of gas
  • Odorize gas for safety

Various equipment is used for conditioning, including knock-out drums, filter separators, heaters, and pressure regulators.

The History of Gas Conditioning

It was ruled by the Supreme Court in 1954 that companies selling natural gas were considered to be natural gas companies that would fall under the responsibility of the federal power commission. Regulating all of the natural gas producers in the country became difficult, so regional plans were developed.

In late 1976 and into 1977, several gas explosions occurred in England that initiated the conversation of using gas conditioners to prevent such incidents. The King Report compiled by
Dr. P J King took a thorough look at improvements that could be made to existing procedures or systems that would increase safety.

It was determined then, and many times since then, that well-maintained conditioning systems have the potential to dramatically reduce leakages and issues. It is also suspected that these investigations can lead to better efficiency and protection of equipment, though safety has always been the main concern.

Create Quality Gas Products With Pro-Gas Services On Your Side

Gas conditioning has been an important part of risk management throughout the gas industry in the U.S. for decades. This compliance with legislation and industry standards has resulted in a code of practice that has reduced waste, protection of equipment, and increased safety.

Conditioning services from Pro-Gas Services make the process seamlessly efficient. Let us help you increase your facility product’s value and safety for consumers.

Contact us today to learn more about our services and product availability in your area.

When Will Gas Prices Return to Normal?

Gas Prices Went Down: What’s Next?

This year, we’ve been very vocal about the costs of producing consumer oil and gas and how much everyone is paying at the pump. 

 

Regions of the United States even saw gas prices that exceeded $7.00 a gallon. Fortunately, after the nation celebrated the 4th, we were able to start celebrating lower gas prices.

 

Let’s reiterate what controls gas prices, how lower prices will impact local and national economies, and what, if anything, will determine if gas prices remain affordable.

 

How Do Gas Prices Affect Economy?

Now that gas prices are lower, local economies will experience a more regular financial ebb and flow. Lower gas prices mean consumers are more willing to spend money at the pump, get out, experience entertainment and go shopping in local and surrounding areas.

 

Lower gas prices that remain low could even lead to reduced costs in the transportation industry, resulting in lower prices at local markets.

 

In short, when wealth is spread, everyone benefits.

 

What Determines if Gas Prices Continue to Fall?

Low gas prices are great, but several factors must be considered when hoping for a plateau or even lower gas prices.

 

Recession Fears

Demand is a massive factor driving oil prices up and down. In most cases, increased demand leads to higher prices. However, the government has been working hard to drive down inflation through increased interest rates for borrowing consumers.

 

Moves to decrease inflation could be too late. A downturn in consumer spending could signal an oncoming recession.  What does this mean for current gas prices? A lot!

 

When investors start to sniff out financial problems at a national level, they’ll begin to sell off investments.  Oil and gas are usually the first to go.

 

An impending recession leads to movement in oil prices, which could lead to even lower prices at the pump.

 

It’s a double-edged sword. We’ll keep an eye on prices for you and help you stay on track with how gasoline reflects nationwide economic circumstances.

 

The Weather Matters

As strange as it sounds, the weather between now and this time next year could have an impact on how much gasoline costs.

 

According to energy analyst Tom Koza, we haven’t seen the last of rising gas prices. They could rise higher than anything we’ve experienced.

 

Koza says that depending on the activity during the summer hurricane season on the Gulf Coast, oil refineries the United States relies on could be threatened, therefore, bringing back higher prices by the end of August.

 

Demand, Demand, Demand

During the summer, gasoline prices are expected to increase. We are living through unprecedented circumstances that make the summer crunch even tighter on the budget. The sanctions on Russian exports have substantially increased the cost of gasoline and will keep prices high until issues are resolved.

 

As prices reduce while demand increases, the current lower prices could spike up again. However, as the summer rush fades and people get back into their everyday routines, demand could subside and lead to prices as reasonable as possible until geopolitical tensions improve.

 

Keep Your Facility Producing with Pro-Gas LLC

As a Texas oil and gas facility manager, you should consider it your responsibility to help keep gas prices low. Through consistent production and a reliable equipment supply, your facility could increase its output for the rest of the year and reduce the pain of a pressured wallet at the pump.

 

Pro-Gas, LLC offers the equipment your site needs for effective production. From conditioning equipment to storage, our manufacturers have you covered.

 

Contact us to learn more about our current availability in your area.

Natural Gas Stove Burner

Top 12 Facts About Natural Gas That Will Blow Your Mind

Pro-Gas LLC provides production facilities in the state of Texas for natural gas. We like to think we know more than the average person about natural gas.  As such, check out these mind-blowing facts about natural gas that most people do not know.

1. Natural Gas is Diverse

Natural gas mainly consists of Methane, but also has other hydrocarbons like:

  • Ethane
  • Butane
  • Propane
  • Naphtha

Natural gas is also odorless, colorless, and flammable.

 

Natural Gas Smells like Rotten Eggs2. Smell that?  It’s there for a Reason

Natural gas is actually odorless. This makes gas dangerous, so utility companies add mercaptan to the resource in order to create the smell of rotten eggs and make a leak easier to detect.

 

3. Natural Gas is Versatile

Thousands of your daily life products have gotten their start from natural gas. Not only does natural gas heat your house and cook your food, but it has also been used to create fabrics, plastics, and fertilizers. It is also responsible for making:

  • Vinyl flooring
  • Carpeting
  • Piping
  • Roofing
  • Furniture
  • Medicine and other health supplies
  • Deodorant
  • Cameras, cell phones, computers

 

4. Christmas Trees Are Always in Season

No, this is not the tree that your family puts up every December. A “Christmas tree” in this instance is an assembly of valves, spools, and fittings that are designed to control the flow in our out of the gas well. This device also detects sand, corrosion, temperature, pressure, and erosion.

 

5. Gas Runs Deep Throughout History

The first record of natural gas igniting was in 1000 B.C. Greece when the “eternal flame” was created in Mount Parnassus.

Pipelines in China built in 500 B.C. were lines made out of bamboo that moved gas throughout the set of pipes.

William Hart in New York dug the first natural gas well in 1821. It was 27 feet deep.

 

6. Twice the Form, Twice the Benefit

Natural gas can be dry or wet. Dry gas is commonly used to heat and generate electrical power in the home. This is complete methane, which is much different than wet natural gas. The wet form contains less than 85 percent methane and has a higher percentage of liquid natural gas.

 

 

Small Green Sprout in Nature7. Natural Gas is Environmentally-Friendly

Natural gas has been a huge part of the global energy mix and accounts for the world’s primary fuel consumed. By replacing coal with gas, the UK has been able to reduce its CO2 emissions to the level of the Victorian Era.

 

8. Natural Gas Powers Las Vegas

Every hour on the hour, every night, a volcano in front of The Mirage hotel in Las Vegas erupts. This volcano erupts because it is fueled by pina colada-scented gas.

 

9. The Natural Gas Industry is Truly Art

We know, it sounds funny, but it’s true! Famous portrait painter Rembrandt Peale, was the first person to found a natural gas facility in the United States. In 1816, Peale opened his facility in Baltimore, Maryland. What was his inspiration? Well, his art! Peale had used natural gas to set the mood for his lighting of a gallery for his work. From there, his vision became a reality, which later became an entire industry.

 

Heavy Traffic10. Natural Gas Helps Millions

Every day, natural gas helps millions of people get to their destinations and accomplish daily tasks. The numbers are actually quite astounding.

  • Natural gas powers over 11 million cars worldwide
  • Over 72 million people rely on natural gas everyday
  • Approximately 66 million households use natural gas to keep homes running
  • 9 out of 10 chefs would rather work with natural gas stove over an electric stove.  When you think of how many professional and self-proclaimed chefs out there, that’s a lot of natural gas in use

 

11. Need Natural Gas?  Look to the East!

While the United States loves to toot our own horn about our local natural gas supply, we aren’t the head honcho when it comes to having the most natural gas resources. 

In fact, the number one nation with the most shale gas resources is China, which has more than double the amount of resources we have in the West. 

 

12. Natural Gas is an Appliance Money Saver

Natural gas is a cheaper source of energy than electricity. So, if you utilize natural gas appliances like stoves, dryers, or water heaters, you could be saving hundreds of dollars more than the average electric customer.

 

 

**BONUS FACT**

Because you made it this far….

Natural Gas is Lighter than Air

Many often confuse propane and natural gas as the same final product. The truth is, they aren’t, and their weight proves it! Propane gas is heavier than air, while natural gas is literally a lighter gas option.

 

 

Pro-Gas Keeps the Industry Flowing

If you are in need of NGL storage or just have questions about the natural gas industry and the facilities that run it, get in touch with Pro-Gas, LLC today. We offer the best in industry equipment and have a team of experts that will be able to answer all of your questions.

 

Rising Gas Prices

What are the Benefits of Fluctuating Gas Prices?

Benefits of Fluctuating Gas Pricing

Over the last few months, we’ve talked a lot about how high gas prices have risen, where these prices are headed, and what you can do to save money at the pump.

We admit a good chunk of gas price news is usually all bad. However, as prices begin to become more elastic (some Texas pumps are now below $4), we think it may be time to start looking at some of the benefits of higher gas prices now and then.

Join us as we delve into why your groan should be slightly less audible the next time you fill your vehicle up.

 

More Potential Jobs for Texans

Higher gas prices don’t always mean lower demand. People still need to get around town and there is usually not going to be a shortage of users at the pump.

Texas is a state that prides itself on its ability to produce oil on its own. Many experts say that one of the best ways to keep demand up and supply thriving is to just produce more oil products. 

This means that more manpower will be needed at drilling sites and facilities. Ergo, more jobs are available, and the national and state economies will get a much-needed boost.

 

OIl DrillingNationwide Boosts to Business Sectors

Speaking of boosts, some business sectors thrive during times of higher prices. Many industries rely heavily on oil and gas and will pay whatever it costs to keep operations running normally. Therefore, drilling and production often spike in business during more expensive times.

Also, higher oil prices usually mean higher prices on essential equipment and supplies throughout several industries. While these higher prices may not seem wonderful at the moment of purchase, they also contribute to the upkeep of national economies.

 

Newer Technologies Get a Chances to Shine

As oil and gas ambassadors, we’d be remiss if we didn’t mention that higher gas prices give alternative energy sources a chance in the spotlight.

As people and businesses try to conserve on energy, they may turn to solar and wind energy to help curb the financial pain for the time being. 

 

Economic Benefits Within Your Local Community

We know that demand typically won’t dip too low during higher gas prices, but that doesn’t mean people are planning massive road trips at this time. In fact, higher gas prices usually leave people traveling locally to complete errands and meet everyday needs.

Yes, substitutions on higher oil-based products are likely going to be made, yet the changes in consumer behavior provide an economic boon for alternative options and also keep local companies thriving during higher gas prices.

 

Find Out About the Current Gas Crunch With Pro-Gas, LLC

At Pro-Gas, LLC, we specialize in providing premier facility and drilling equipment to nationwide oil and gas companies. From our Fuel Genie to quality maintenance programs for local plants, our team helps our industry thrive.

 

If you manage an oil and gas facility and know you could benefit from better quality equipment during a time of unpredictable gas prices, we want to hear from you.

 

Contact us today to learn more about our available products in your area!

Oil and Gas Auctions Kick Off With a Rocky Start

Oil and Gas Auctions Kick Off With a Rocky Start

Earlier this year, we reported that the Biden Administration planned to go back on its original ban on leasing federal land for oil and gas drilling.

While our industry was thrilled at the prospect of locally sourced resources and the potential for decreased prices at the pump. Later actions from the administration displayed back-and-forth dedication to its initial promise with the result being a rocky start to initial auctions on Wednesday, June 29, 2022.

Let’s take a look at what’s going wrong with the process, why, and what other issues could be preventing the Biden Administration from building back better in one of the nation’s most essential industries.

Administration Tests for Demand Aren’t Looking Great

Wednesday served as the big kick-off for the Biden administration’s auction for oil and gas land in eight states.

Unfortunately, the welcome from the oil and gas industry wasn’t as warm as the administration would have liked.

According to an article from Reuters, the sales that will go through Thursday, June 30th, was a test for the industry’s demand for federal acreage and domestic output.

While most would expect initial bids to be high and competitive, this wasn’t the case on the first day of the auction.

Why Would the Oil and Gas Industry Reject Potential Opportunities?

The first day of auctions had 120,000 acres of land in Wyoming on the table, and more than a third of the parcels received zero bids from industry leaders.

Although locally sourced oil and gas has the potential to reduce consumer gas prices, industry groups say that there are numerous reasons behind the rejection of offered land.

The main two issues are:

  1. The higher royalties that the administration would place on production; essentially forced gas prices to remain at high levels
  2. The administration’s rigorous attempts to halt new leasing amidst a current crisis that stems from sanctions after Russia’s invasion of Ukraine

Biden Administration Opens the Door to Environmental Lawsuits

The President’s big bids don’t just have members of our industry upset but have also attracted two lawsuits from national environmentalists. According to an article from The Hill, a coalition of environmental groups sued President Biden and the Biden Administration on Wednesday when it approved the federal leases it granted our industry.

Despite oil and gas’s efforts to drill and produce with greener efforts, the plaintiffs of the lawsuit claim that the sales will result in billions of dollars in harm to air, local wildlife, people’s health, and water sources.

Stay Up-to-Date With the Lates Oil and Gas News From Pro-Gas, LLC

Whether you are an oil and gas aficionado or manage a local facility, Pro-Gas, LLC is proud to be your honest source of oil and gas news. Not only do we keep our customers informed but we also practice what we preach and give the facilities we serve the tools and services they need for success.

From new fuel conditioners to assisting with facility management, Pro-Gas, LLC has your back during these trying times!

Contact us today to learn more about our services in your area.

Reasons to Order NGL Storage from Pro-Gas, LLC

Reasons to Order NGL Storage from Pro-Gas, LLC

If you are the manager of a local oil and gas facility, you already know the importance of a reliable NGL storage supplier.

NGL storage is something you and your team should be able to accomplish with ease.

At Pro-Gas, LLC, one of our key products and services is NGL storage. Let’s take a closer look at how our process and products can make a difference in how your facility stores its NGLs and accomplishes its goals.

Our Products Are Portable

Facilities and natural gas collection sites constantly store NGLs until they move through the processing and manufacturing funnel. Permanent NGL storage lends itself to long-term storage opportunities, whereas portable storage lets your facility stay on the move and send NGLs toward successful production as quickly as possible.

We Help You Reduce Costs

Permanent NGL storage installation can cost your facility a healthy chunk of its budget. This is especially problematic if your facility is smaller, delivers to a single, fluctuating market, or just uses storage in the short term.

Today’s NGL storage demands are constantly changing, and your facility needs to stay on top of the changes to remain competitive. Portable NGL storage helps you stay flexible without the costs of permanent equipment installation that could eat up your production and mining budget.

We Limit NGL Rejection

NGL rejection is a waste of resources sitting around your facility for too long. Portable NGL storage from Pro-Gas helps you ensure that your NGLs are always put to good use.

Our portable equipment lets your facility easily access your materials when your customers need them. Aside from general waste reduction, our NGL storage also lets you preserve your long-term storage through our NGL filters.

When you work with Pro-Gas, we offer a clay-based filtration system for your NGL storage that is easy to install and keeps your natural gas clean and acceptable for processing at a later date.

Keep your facility’s success at the forefront of production with the help of portable storage from Pro-Gas, LLC.

Simple Orders and Installation

At Pro-Gas, we aim to help you succeed with as little stress as possible. We make it simple for your facility to order our portable storage systems. All you need to do is reach out, and we’ll promptly start your order.

Once we deliver your portable storage system, our team will help you install your NGL storage and filtration products to ensure your site effectively benefits from our industry-renowned products.

Save More on NGL Storage With Pro-Gas, LLC

If your oil and gas production facility are eager to keep up with the increasing public demand, Pro-Gas, LLC can help!

Our portable NGL storage may help you store your precious materials, but our other products and services like the Fuel Genie and facility services can help your production in all other areas.

Don’t let the current oil and gas supply issues keep you from success.

Contact us today to learn more about our services and schedule your next superior facility equipment upgrade!

How Has the Ukraine Incident Reshaped the Global Oil Landscape?

How Has the Ukraine Incident Reshaped the Global Oil Landscape?

It’s no secret that the United States is feeling the brunt of our government’s actions against the current Russia-Ukraine conflict. Sanctions have left the average citizen paying the highest gas prices since 2008, and we can’t tell when the pain at the pump will let up.

While we’re focused on our interests regarding the conflict, it’s essential to understand the global implications this situation brings to our industry.

A lot has changed since Russia invaded Ukraine in February. Let’s examine where our industry’s landscape is now and how it’s impacting different areas worldwide.

Current and Future Oil Bans Have Little Impact on Russian Exports

While the current US ban on Russian oil has increased their gas prices, Russia has found other markets to offset losses from the US and European nations, who have all but implemented sanctions.

As long as Asia and China continue to purchase crude oil from Russia, any future sanctions placed on Russia from the US or EU could have little impact on Russia’s exports.

Even with sanctions in place, Russian exports are back at pre-invasion levels as of April.

The Risk of Spills Has Drastically Increased

While Russian exports to Asia have benefited its economy, there is still a massive double-edged sword. Sanctions from the US, British, and European nations have forced Russia to practice ship-to-ship transfers in many trades with Asia.

Ship-to-ship transfers aren’t just an expensive way to export oil, but they also increase the risk of a deadly spill. Until sanctions end and Russia resumes trade with American and EU markets, this risk to the ocean is one that we’ll just have to keep an eye on.

West African Crude is Picking Up European Business

Although European countries have turned their back on Russian oil, they still need this essential resource from another supplier. According to Petro-Logistics, West African crude imports to Europe have increased by 17% as of April.

This record-high demand for Nigerian crude has increased oil prices in this area; Nigeria is a crude-rich nation with nearly 37 billion barrels of crude oil in its reserves. Many European countries believe African crude could be the solution that fills in the gaps caused by the Russia-Ukraine conflict.

Rising Costs Creating Global Social Unrest

The higher cost of crude oil is having an impact around the world. In the United States, it’s become a massive barrier in our battle against inflation. Similarly, in Europe, higher prices have practically stopped the continent’s pandemic recovery plans.

Even China, the world’s largest oil importer, may not reach its economic goals due to high prices.

Oil prices are taking a toll everywhere. However, with massive upticks, there is bound to be a drop in the future that begins to even out the impact oil prices will have on different economies.

Stay Tuned for the Latest Oil and Gas Updates From Pro-Gas, LLC

Back at home in the United States, Pro-Gas, LLC is still doing everything to provide our nation with cheap crude oil that keeps our communities running. From our fuel genies to portable NGL tanks, we offer oil and gas facilities the equipment they need to produce a quality product.

If you are a facility manager who knows your equipment needs an update, we want to hear from you. Contact us today to learn more about our product availability.

Gas Saving Tips During Rising Fuel Prices

5 Gas Saving Tips During Rising Fuel Prices

We still have quite the journey ahead of us to lower gas prices. Even though the President recently authorized oil leases and auctions in May, he’s stepped down on some of these promises.

So, since gas prices continually seem to climb in Texas, your neighborhood fuel experts are here to help you out. Here are Pro-Gas’ fuel-saving tips to help your gas costs stay a little lower this summer.

Slow Down!

Did you know that simply driving the speed limit can reduce how much you spend at the pump? Although your vehicle may be built for fuel efficiency, speeds above 50 miles per hour significantly reduce your gas savings. Every 5 mph driven over 50 mph is about $.018 in extra gas spent.

So, we always recommend driving the speed limit and using cruise control on those long summer highway drives.

Don’t Slam On Your Brakes

Stop-and-go traffic is always a fuel-guzzler. However, if you speed up and then brake heavily, the jarring acceleration and stopping will eventually cost you an earlier trip to the gas station.

Instead of tapping the brakes on the highway, maintain a consistent speed, and rely on rolling resistance as a deceleration method that helps you save gas money and come to a safer stop.

Keep Your Vehicle Load as Light as Possible

Summer is on the horizon, and you may be planning a big family road trip. Pack conservatively, because the extra weight of your luggage could waste your fuel efficiency. Rooftop hauls and overpacking your trunk can increase your vehicle’s drag by hundreds of pounds. Even just 100 pounds over your average load can reduce your fuel economy up to 25%.

Avoid Idling

We get it. Summer can be hot, and it’s tempting to leave your car idle and your AC blaring while you wait for a friend or loved one to complete an errand. Although idling for a few minutes may not seem like a big deal, it is. Even just an hour of idling with AC use leads to a half-gallon of wasted gasoline.

Save yourself some money, shut down the car and accompany your friend or relative on their errand.

Practice Proper Vehicle Maintenance

Vehicle maintenance is key to your vehicle’s fuel economy. Summer is the perfect time to get your car tuned up and ready to run well on the road. Some of the best ways maintenance can save you fuel include:

  • Oil changes to improve engine efficiency
  • Proper tire inflation
  • Wheel alignment
  • Regular filter replacement
  • Keeping axles and wheel bearings lubricated

This upkeep helps your car travel safer on the road, improve its mileage, and save you extra trips to the gas station.

Pro-Gas, LLC Helps You Keep Your Life in Motion

Pro-Gas, LLC is dedicated to providing top-tier oil and gas equipment to national facilities and well sites. Our fuel genies and gas conditioners help ensure that facility productions go as planned and essential products are readily available to the public.

If you are a facility manager that needs our help upgrading your equipment, we want to meet you. Contact us today to learn more about our product availability.