Energy, Oil & Gas Magazine EOG 216 | Page 32

________________________________________________________________________________________________________________________
U . S . Energy was formed in 2023 by bringing together U . S . Oil , a 70- year leader in retail , commercial , and wholesale fuel distribution ; supply and trading ; logistics ; and terminal operations of refined products and renewable fuels , with U . S . Gain , a leader in sustainable energy solutions , known for its portfolio of renewable natural gas ( RNG ) development and distribution sites . This consolidation enables the company to offer a broader range of solutions , such as gasoline , diesel , biodiesel , renewable diesel , ethanol , RNG , hydrogen , electric charging , and environmental credits . Mike Koel , President of U . S . Energy , shares the company ’ s history and merger process with us .
Extensive services
“ Our customer purpose of ‘ Finding a Better Way ’ came to fruition when our founders opened Schmidt Brothers
Oil Company in 1951 , later renamed U . S . Oil . In 1963 , we purchased our first oil terminal in Wisconsin , which started our now 35-plus terminal network . In 1974 , we began trading products with major oil and later established an in-house trading floor . As demand for renewables strengthened , U . S . Gain ( a sister division to U . S . Oil ) was established to develop a natural gas fueling station network for heavy-duty fleets . In 2016 , we invested in our first renewable natural gas ( RNG ) landfill as an offtake partner to supply RNG to natural gas fueling stations . We have grown that portfolio to more than 40 projects and 50 stations . Then , in the last four to five years , we have been actively working on expanding our
... embracing change to satisfy needs both today and tomorrow
32