Healthcare is not the first thing to come to mind when you think about the oil and gas industry. Most people think about gasoline for their cars or natural gas for their homes. The healthcare industry, however, is deeply intertwined with the oil and gas industry.

Healthcare and the Oil and Gas Industry

It is amazing how these two industries are intertwined. The first and most obvious connection is the need for gas to transport patients and for healthcare workers to use to get to work.

Further, many medical facilities also rely on natural gas or propane to operate equipment, including hospital food service equipment.

Most medical facilities also have backup generators to power their buildings in the event of a power outage.

Petroleum Provides for Patients

Beyond the operating needs of different medical facilities, the petroleum industry is also integrated into treating patients.

Latex gloves, medical tubes, adhesives, and some bandages are all petroleum-based products. Some medicines have petroleum products, and many disinfectants and cleaners that hospitals use are petroleum-based. Personal protection equipment and hand sanitizers are also petroleum-based products necessary in the healthcare industry.

Many people do not realize that artificial heart valves and many prosthetics are made from petroleum-based products. Some diagnostic equipment, including MRI machines, also have major parts that are made from petroleum-based materials.

Supply Chain Delays Impact More Than Gas Pumps

Disruptions in the supply chain for oil and gas products do more than cause pain at the gas pumps. These disruptions can have a severe impact on the healthcare industry. Medical facilities already experiencing high numbers of clients due to the recent pandemic may need the right equipment, supplies, or medications to avoid shortages or closures.

Politicians and industry leaders must consider petroleum-based products’ impact on the medical industry. Policies that reduce access to oil and gas can inhibit the quality of care people receive when they go to a medical facility for treatment.

Discover More Industry News and Information With Pro-Gas Services

Pro-Gas Services is a Dallas, Texas-based company that has been working in the oil and gas industry for decades. The company was founded by oil industry professionals that have nearly 100 years of experience in this industry.

Pro-Gas Services provides state-of-the-art gas production facility equipment that streamlines the process of producing natural gas liquids. Our equipment is designed to be portable to accommodate all oil and gas facilities. You can move the equipment anywhere that you need it in your facility.

Our dedication to customer service includes more than a friendly smile or an answer to your questions. We continually research this industry and seek out important new technologies that will help our clients prosper.

Pro-Gas Services is also very active in bringing current news to our clients about the oil and gas industries. Keeping informed about current events surrounding this industry will allow our clients to make informed decisions about their business.

When you need professional gas production equipment, you know that you can rely on Pro-Gas Services to provide you with state-of-the-art equipment at affordable prices.

Contact us today to learn more about our products and services.

Working in oil and gas can be an extremely lucrative experience. That’s why the oil and gas industry is one of the most rapidly-growing sectors of the global economy.

As with all industries, a career in oil and gas requires a wide range of skill sets, from technical skills such as engineering and geology to management skills such as project management and finance.

If you are considering working in this field, it’s important to understand what job skill sets are required for success in oil and gas careers. Let’s take a look at what you’ll need to add to your resume during your job hunt.

Technical Skill Set for Oil & Gas Professionals

Oil and gas professionals will find themselves working with complex facility machinery like gas conditioners at drill sites. This means anyone in the field needs an extensive set of technical skills.

This includes knowledge of geological science, engineering principles, chemical processes, drilling methods, and safety regulations.

Depending on your role in the industry, you may need to be able to operate specialized equipment or interpret data from seismic surveys. You may also need a strong understanding of mathematics, chemistry, thermodynamics, fluid mechanics, and physics.

Our industry is quickly becoming a technologically-driven front. Digitalization plays an important role in tracking a site’s success. Therefore basic knowledge of computers, relevant software like Computer-Aided Design (CAD), and digital analysis programs is necessary.

Management Skills

In addition to technical expertise, oil & gas professionals also need various management skills. This includes understanding risk management processes, assessing financial information, overseeing projects, handling budgets, supervising personnel, communicating with stakeholders, understanding legal regulations in the field, and more!

Critical thinking in oil and gas is necessary, as several responsibilities in our field can branch off in different directions.

Industry Knowledge

Being passionate about your industry is one of the biggest steps toward succession in a career. Having a deep understanding of the oil and gas industry is critical for anyone who wants to succeed in this sector.

You should be familiar with industry regulations, safety protocols, environmental concerns, and business trends. Additionally, having a comprehensive knowledge of terminology used throughout the industry is essential for effective communication with colleagues or customers.

Our industry is always evolving and making waves in the news. Keeping up with industry knowledge can help you stay on top of critical developments that could push your career forward.

Soft Skill Sets

Beyond technical knowledge and managerial know-how, oil & gas professionals must also have soft skills such as problem-solving skills, negotiation techniques, teamwork capabilities, customer service aptitude, attention to detail, adaptability, time management techniques, organizational acumen, and creative thinking abilities.

While this list of soft skills may seem standard for any position, oil and gas is still a customer-first industry. Thus, all of these soft skills can help professionals make oil and gas a more reliable and trusted

Communication Skills

Although communication falls under the soft skills category, the team at Pro-Gas Services felt it was essential to make it its own skill set requirement.

Within the oil and gas industry, you must have strong verbal communication skills, including public speaking and active listening. Writing proficiency is also important, as much of your work will require reports or memos to be written quickly and accurately.

Moreover, interpersonal relationships are key when it comes to networking with colleagues and supervisors, which can lead to better opportunities down the line.

More About Working in Oil and Gas Careers

Working in the oil & gas industry requires an extensive set of both technical and managerial skill sets. If you have the technical and leadership skills our industry requires, take advantage of job availability where you can find it.

At Pro-Gas Services, we provide the industry with high-quality equipment and offer extensive insight into the latest happenings in oil and gas. If staying up-to-date on the best of the industry is your priority as a potential hire, you’re in the right place.

Contact us to learn more about our services.

Oil and gas production facilities are complex operations that require a great deal of attention to detail in order to ensure they run smoothly. Every element needs to be managed efficiently for optimal results, from the people who work there to the equipment used.

Fortunately, there are several steps you can take as an operator or manager of an oil and gas production facility to improve its performance and efficiency. Let’s examine five practical ways to improve your oil and gas production facility in the new year.

1. Stress the Importance of Safety Measures

Safety is of paramount importance at oil and gas production facilities. Accidents, injuries, and even fatalities can occur if safety measures are not taken seriously.

In the new year, operators and managers of production facilities can take the necessary steps to ensure the safety of their workers and equipment.

This includes providing appropriate training for personnel, implementing proper maintenance procedures, adhering to strict safety protocols, and conducting regular inspections to identify potential risks.

With a commitment to safety-first practices in place at an oil production facility, it will be better equipped to operate safely while also increasing productivity.

2. Upgrade Equipment for Increased Efficiency

Pro-Gas, LLC is a leader in providing oil and gas production facilities with the latest technology to increase their efficiency and productivity.

One of our most innovative products is our skid gas conditioner. As one of our several products that improve facilities, this gas-conditioning skid helps ensure that only high-quality natural gas reaches its destination.

Using Pro-Gas’s upgraded equipment like this, facilities can increase overall performance and reduce downtime due to the overall quality of equipment.

3. Monitor Your Site’s Performance Year-Round

Data analytics can be a powerful tool for monitoring performance at oil and gas production facilities. By utilizing data collected from various sources, such as well logs, production reports, and maintenance records, operators can gain valuable insights into how their facility is performing. For example, they can identify potential bottlenecks in production process flows or areas where energy efficiency

4. Invest in Renewable Energy Sources

As strange as it may sound, this wouldn’t be a massive leap, as oil and gas has been turning over a greener leaf over the last few years. Not only is investing in renewable energy sources more environmentally friendly, but it also has the potential to improve efficiency and reduce costs at oil and gas production facilities.

Additionally, these clean energies are generally easier to maintain than traditional methods since they require fewer moving parts and less upkeep. Investing in renewable energy for oil and gas production facilities is a smart move that provides numerous environmental benefits while improving overall performance levels at the same time.

5. Increase Facility Storage Capacity by Investing in Additional Storage

Pro-Gas Services can help oil and gas production facilities increase their storage capacity by providing portable NGL storage solutions. By investing in additional tanks for storing natural gas liquids (NGLs) such as propane, butane, and ethane, operators will be able to store more of these valuable resources onsite.

This not only increases the overall storage capacity of the facility but also reduces reliance on outside suppliers for fuel sources.

Make Your Facility a Pride Point of the Industry With Pro-Gas Services, LLC

Even if your oil and gas production facility consistently meets its goals, there is always room for improvement. With a reliable industry partner like Pro-Gas Services, LLC on your side, you can make subtle improvements to your equipment and practices that boost your efficiency and productivity.

If you’re ready to take on the new year with a new gas conditioner or Fuel Genie, contact us today to learn more about our product availability in your area.

The oil and gas industry involves working daily with potentially dangerous materials and heavy-duty machinery like gas coolers and drills. It’s no surprise that a job in our industry means working in one of the most hazardous industries in the world.

Workers are exposed to a range of potential workplace hazards that can result in serious injuries. As we start a new year, many people will be looking for a new employment venture, and will excitedly turn to oil & gas.

While the team at Pro-Gas Services is always happy to see our industry flourish, we are also here to help ensure safety throughout our industry.

Here’s a closer look at a few of the most common injuries found in oil & gas and what managers and employees can do to help mitigate them in the new year.

Location is Always a Factor

Although local facilities allow workers to flourish at their jobs in their own communities, working on an important location like an oil rig comes with significant risks due to the location and isolation circumstances involved in any position.

Often oil rigs are extremely remote locations, and as of 2021, at least 201 of the oil rig locations are found on open water.

So, while we’re here to discuss specific injuries, we’d be remiss if we didn’t include the risk of harsh weather conditions, being so far removed from nearby medical professionals, and the increased risk of mental health issues due to being away from family and regular society for long shifts at a time.

Burns

Between the use of hot, complex machinery and the hot conditions and pressure oil and gas are placed under during processing, oil & gas employees are at risk of burn injuries from several angles.

Some of the most common causes of burn injuries in our industry come from flames expelled from equipment (i.e. torches), hot liquids like oils and chemicals, accidental explosions, and electrocution from misuse of equipment.

Many of these burn injuries are avoidable situations that site managers can mitigate through proper and continuous training for the equipment on site.

Slip-and-Fall Injuries

Oil rigs are complex worksites that can easily lead to serious slip-and-fall injuries. Most of these sites are multi-level locations that, combined with break-neck speed activity, potential weather conditions, and equipment misuse, can lead to slip-and-fall injuries that can put employees out of commission or lead to disasters like death or severe, permanent injuries like paralysis.

Musculoskeletal Injuries

Heavy lifting and repetitive motions from working in oil & gas can lead to musculoskeletal injuries.

Musculoskeletal injuries can progress over time if they are not treated properly and can impact the body in several ways. Some common symptoms of musculoskeletal injuries that can linger and impact lives include pain and stiffness throughout joints and muscles, swelling, inflammation, weakened muscles, and limited range of motion.

Vehicular Accidents

Oil & gas sites are expansive locations where several company vehicles are bustling around to help employees complete daily tasks. Sometimes the rush that occurs during transportation can lead to collisions that result in serious personal injury and death.

Chemical Exposure

Oil and gas are chemicals that contain harmful substances that can impact the body’s respiratory system if inhaled.

Improper protection and ventilation can easily lead to developing asthma, coughing, eye, nose, and throat irritation, headache, fatigue, and trouble sleeping.

Stay Safer Today, With Help from Pro-Gas Services, LLC

While preventative measures are taken to minimize these risks, workers and employers alike need to be aware of all potential hazards in this demanding environment, so proper protocols can be implemented to ensure safety. At Pro-Gas Services, we are committed to helping our clients understand how to properly and effectively use our equipment to each site.

If you’re a facility manager and are ready to work with the best cooling, storage, and fuel conditioning equipment in the industry, contact us today to learn more about our services and available products.

As the holiday season rapidly approaches, many homeowners are frantically trying to figure out how to pay for necessary gifts and festivities.

However, one industry is quietly working behind the scenes to ensure everyone can enjoy the holidays without breaking the bank: oil and gas.

Thanks to our industry contributions, this year’s holiday season looks much brighter for everyone involved. Here’s why oil and gas is the hero of the holiday season.

Oil and Gas Are Reliable Sources of Energy

You will need a reliable energy source for heating your home and cooking your favorite holiday meals during the holidays.

Oil and gas are the reliable sources of energy you need. They won’t let you down when you need them most, unlike that old furnace that’s been giving you problems all year long!

Oil and gas have been reliable energy sources for centuries and are likely to remain so for many years. The reason is simple: they are currently abundant and easy to transport.

Oil and gas are both found in large quantities all over the world. This makes them easy to transport via pipelines, railroads, and roadway vehicles. Essentially, they can be delivered anywhere there is a demand for them.

Our Industry Provides Jobs for People That Need Them

The oil and gas industry provides 9.8 million jobs for people around the world. The sector employs over 5 percent of the nation’s employment roster in America alone.

The industry not only provides high-paying jobs but also helps to support the economy as a whole.

In addition, the oil and gas industry is responsible for creating new technologies and products that have revolutionized the way we live our lives. Simply providing the means of creating these products also helps promote job growth throughout the economy.

Oil and Gas Helped Create Technologies That Make the Season Easier

Oil and gas have been around for centuries, and with that long of a history, it’s no surprise that they’ve given rise to many different technologies. Some of these technologies include plastics and synthetic fibers. All of these technologies have greatly impacted our world in one way or another, and we likely wouldn’t be where we are today without them.

Plastics

Plastics are one of the most important inventions of the twentieth century. They have revolutionized the way we live and work and are one of the most important materials during the holidays. Between the gifts we buy and decorations that adorn our homes, plastic is everywhere at this time of the year.

Even outside of the holidays, plastics are used in various products, from cars to computers to kitchenware. In fact, there is hardly a product you can think of that doesn’t contain at least some plastic.

The demand for plastics continues to grow as more and more products are invented, more job stability is created, and the economy grows.

Synthetic Fiber

Another product that stems from oil and gas is synthetic fibers like rayon, nylon, and polyester. These fibers are made from chemicals that are not found in nature.

Synthetic fibers can be produced in large quantities based on their chemical makeup. They also have several desirable properties: lightweight, strong, and durable.

With regard to the holiday season, the textile industry has a lot to be thankful for when it comes to the oil and gas industry. While it may seem like a distant correlation, the truth about our connection lies within belts, socks, tents, curtains, and more!

Learn More About How Oil and Gas Make the World Go ‘Round

At Pro-Gas Services, we understand the importance of staying up-to-date on energy news. Whether you’re a production facility manager or someone concerned about monthly costs, staying informed of the ebbs and flows of energy rates is essential.

That’s why we’re dedicated to being a reliable news source in the industry. In addition to keeping you updated on all the latest developments, we also offer premium oil and gas products like gas conditioners, storage solutions, and fuel treatment options.

Contact us today to learn more about our services in your area! We’re always happy to help however we can.

Rising market costs and fluctuating gas prices are continuous issues in the news that inundate mass audiences. Although both seem to be separate yet costly issues, the truth is that there is an industry-wide connection that influences the costs of each.

Let’s look into how energy and inflation interact and what the future holds for gas prices in the upcoming new year.

Geopolitical Tensions Bring Energy and Inflation Together

While we’ve discussed the realities of how current geopolitical tensions impact oil and gas prices, we’d be remiss if we didn’t add it to our article.

Essentially, as tensions rise, political moves like sanctions increase the overall costs of energy production at a local level. When this happens, the cost of natural gas prices naturally increases the costs of manufacturing prices.

Thus, when essential product production costs increase, so does the amount of inflation the average person sees during the average shopping trip.

While it may seem like a big stretch to say that an issue on the other side of the world has a butterfly effect that impacts our local markets, the truth is that it isn’t.

If you start to see inflation on the rise again, staying up-to-date with what’s going on in the world can be a smart way to understand the cause of higher costs.

Gas is Always in Demand

Gas is something essential for industries that rely on delivering products to consumers. From produce that travels from farm to market to clothing that makes its way from across the globe to your local store, transportation costs manufacturers and producers money.

Unfortunately, in these circumstances, costs must be covered, prices on products rise, and inflation becomes an even bigger problem for the average consumer.

What Does the Future Hold for Overall Prices?

So, the big question is, when will energy prices and inflation stop their waltz from impacting our wallets?

While prices at the pump are lower than they were earlier this year, an article from Fortune.com states that 2023 doesn’t bode well for gas prices in the States.

According to the article, as inflation continues to rise, the cost of gas production and products will eventually increase. This is especially true as the President released millions of barrels from our national reserves. Those barrels will need replacing, and the cost of doing so will impact how we pay at the pump.

The bottom line of the Fortune article is that in 2023, the current course our energy and inflation rates are on will result in oil being over $100 per barrel. So, sadly, there is no end in sight at this time for rising prices, but we’ll keep you posted!

Stay On Top of Energy Prices with Pro-Gas Services, LLC

Whether you manage a production facility or are an energy user concerned about monthly costs, staying on top of the ebb and flow of energy rates is essential. Pro-Gas Services is dedicated to being a reliable source of energy news that keeps you informed of the good and bad.

Aside from being your go-to source for industry updates, we also offer premium oil and gas products like gas conditioners, storage solutions, and fuel treatment options.

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

The oil and gas industry is one that has a bad reputation for inefficient energy use. Yet, in recent years, many industry leaders have turned their attention to greener practices and greater energy efficiency.

The goal of providing a cleaner production process for the goods our customers rely on is a hefty one but is one that we believe is possible through worksite adjustments and industry oversight.

If you’re ready for your oil and gas facility to step up and start going greener, here are some of the best ways to become more energy efficient today!

Why Go Energy Efficient?

Before we get into how an O&G facility can go energy efficient, we think it’s important to explore the why behind this industry movement.

Going greener isn’t just about helping the environment. When an O&G company puts genuine effort behind energy conservation, it reduces an overall environmental footprint and is great for a brand’s image within the community.

Aside from great branding, energy conservation also helps your facility save money on its supply chain as the product is made. Find out how you can becom energy efficient in the O&G Sector…

Focus on Better Drilling Practices

Hydraulic fracturing and horizontal drilling methods are two ways that the O&G industry is saving on energy output and the number of physical wells drilled for production.

These newer drilling techniques make it quicker to create wells and make the wells the industry uses much more productive.

Updated Data Acquisition Practices

The oil industry is known for being hands-on. However, over the years, our practices have shifted towards implementing centralized data management systems that make operational decisions quicker, more efficient, and more environmentally conscious.

When your rig or facility put a data management system in place, you’re saving energy on the following practices and more:

• Daily production value observation
• Operational history
• The integration of multiple data sources in one place

Updating your data acquisition methods literally saves energy and lets your team expend energy where it counts, out on the facility floor or in the field.

Added Leak and Spill Prevention

Leaks and spills are major issues that can cost O&G companies tons of energy and revenue. Many companies have brought in specific leak-detection technology that helps prevent leaks and spills from quickly getting out of hand.

Working with a team like Pro-Gas Services can help your facility get in touch with the right technology for effective leak prevention.

Invest in Energy-Efficient Equipment

Energy efficiency isn’t something that our industry is particularly known for. Yet, several pieces of energy-efficient equipment can help your facility and drill site save money in the long run.

Pro-Gas Services can help your facility carry out any energy audits and show where you could implement improvements like new turbines, pumps, and compressors within your facility’s supply chain.

Ready to Make a Greener Change?

If your facility needs help concentrating on energy conservation, the experts at Pro-Gas Services can help. We offer facility services that help your team get its strategy in line and take advantage of our essential O&G production and storage equipment that makes your production process mobile, efficient, and a life-saver for your bottom line.

Contact us to learn more about our services and product availability.

 

 

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.

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.

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.