SOURCE: IO News Wire

IO News Wire

February 18, 2010 10:59 ET

(OTC: USOG) to Benefit as Natural Gas Sector Continues to Climb

Note to Editor, the Following Is an Investment Opinion Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - February 18, 2010) -  United States Oil & Gas Corp (PINKSHEETS: USOG) released earlier this week an update on their growing base of customers and their robust distribution system.

A breakdown of United States Oil & Gas (USOG) sales figures shows natural gas accounting for nearly 70% of overall revenue without one single client accounting for more than 5% of total sales. Natural gas provides nearly a 40% mark-up (industry average) from distribution to customer, ensuring better profit margins to USOG compared to competitors with a lower percentage of overall sales of natural gas. The sustained lower temperatures in the upper mid-west should keep sales up throughout the remaining quarter.

USOG has the capability to store over 100,000 gallons of refined fuels with the ability to branch out to an additional 6 acres adjacent to its current location leaving them flexible to a sharp increase in demand.

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