Business News

USOG Targeting Domestic Market

Company looking for bigger market penetration

Del Mar 2/24/2010 01:00 PM GMT (TransWorldNews)

Del Mar, CA – With the rise of global use of energy and alternative energy sources not showing any potential to replace fossil fuels, a growing world will ensure oil and gas demands for the foreseeable future.

As the worlds largest user of energy, the United States depends largely on Middle East countries and Venezuela for its oil needs. A significant percentage of this foreign oil, comes from countries that are politically unstable or plain hostile to the U.S. Such problems have lead to increase sourcing of oil from domestic regions.

United States Oil & Gas(USOG) focuses on this domestic market and intends to grow through strategic acquisitions. USOG acquires and drives the growth of profitable, small and medium, sized oil & gas services businesses. The company also develops innovative proprietary oil and gas exploration and extraction technologies, that not only increase production but also minimize environmental impacts.

The company is confident they can penetrate the market and garner a larger share of the market and forecast that they are on a fast paced growth trajectory.


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United States Oil & Gas Corp. (Other OTC: USOG), Ford Motor Company (NYSE:F), Kraft Foods Inc. (NYSE:KFT), Qwest Communications International Inc. (NYSE:Q), Mattel Inc. (NASDAQ:MAT), Tyson Foods Inc. (NYSE:TSN), Office Depot Inc. (NYSE:ODP)

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Ford Motor Company (NYSE:F)

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