A new report from Sunoco Logistics reveals that the presence of oil and gas production rigs along the Marcellus Shale could pump as much as $4.2 billion in investments into the Pennsylvania state economy. According to a February 6 Mercury News article, the study found that...
The U.S. oil industry is one of its economy's most thriving sectors -- and with enough oil reserves on hand to last for another 53.3 years of production, it's showing no sign of slowing. Currently, oil and gas production in the U.S. is at its highest...
The American oil and gas industry plays a huge role in our everyday lives and in the national economy. This industry employs 9.8 million Americans -- a number that continues to grow -- and makes up approximately 8% of the U.S. economy. And with global proved...
In an effort to continue to provide the highest-quality equipment to its customers, Dragon Products, LTD will now be offering a new LPG transport trailer As of February 23, 2015, Dragon Products, LTD will be selling an exclusive new 10,600-gallon LPG transport trailer to make transporting oil and...
A new report reveals that the proposed Atlantic Coast Pipeline could save consumers and businesses as much as $377 million in energy expenses each year. According to the Richmond Times-Dispatch, the pipeline would slash energy costs by making natural gas more available, driving down prices for...
Last month, the Obama administration announced a plan to cut methane emissions and combat climate change with a sweeping set of regulations on the oil and gas industry -- and these regulations could give a major boost to oilfield equipment and industrial equipment manufacturers. According to...
The oil and gas industry is one of America’s biggest economic driving forces. The US is the biggest producer of natural gas on earth and one of the largest oil-producing countries. Additionally, the US is the largest oil and gas customer in the world, consuming...
Dragon Products, LTD will now be offering a lightweight, liquid-tight roll off container from its Lathrop, California manufacturing facility. La Porte, TX – January 12, 2015 -- This month, Dragon Products, LTD will be introducing an all-new product to its customers -- a liquid-tight container boasting...
With the increase in oil drilling in the United States and on the North American continent, petroleum companies are on the lookout for the very best equipment to put on site. Since 1963, Dragon Products has been a leader in the oil industry and has...
Processing and storing crude oil in a production tank comes at the end of the oil processing cycle. Before the oil is processed, it has to go through several stages. The crude oil (petroleum) is originally extracted from the earth as a liquid. The oil...