United States Oil and Gas Corporation Releases Shareholder Update and Growth ... - CNNMoney.com (press release)

United States Oil & Gas Corporation (PINKSHEETS: USOG), a growing oil and gas products, services and technology company, ispleased to update its shareholders as it closes out 2009 and looks ahead tothe New Year.

Manufacturer of Hydraulic Oil Tanks India

Cold snaps and winter storms that have recently hit the midwest andnorthern plains states are increasing demand for the Company's fuelservices and products. This has in turn driven sales volume higher and willlikely contribute to revenues for the fourth quarter that will be aboveexpectations. Details of the Company's earnings will be provided after thequarter ends. Following what was already a strong third quarter from Kansas farmers'harvesting record corn and soybean crops, higher demand at the Company'swholly owned subsidiary, Turnbull Oil, has necessitated an increase in thesize of its hauling fleet. The Company believes this will continue to beadvantageous for sales in the future as well. Because Turnbull has strongand consistent margins on its fuels and a relatively large, establishedcustomer base, the business has been able to turn a profit and increaserevenue even in a down economy.

Full Story: United States Oil and Gas Corporation Releases Shareholder Update and Growth ... - CNNMoney.com (press release)