U.S. Oil, a leader in retail, commercial, and wholesale fuel distribution, and U.S. Gain, a leader in the development and distribution of alternative fuels and environmental credits, recently announced their formation into the combined company of U.S. Energy.
U.S. Energy is a vertically integrated energy solutions provider with offices in Wisconsin and Texas. It is proficient in refined products, alternative fuels, and environmental credits. Its comprehensive portfolio of assets – that includes more than 30 refined product terminals, 40 renewable natural gas development projects, 50 alternative fuel stations, and three forestry projects – paired with risk management, financial services, and advisory insights offer customers realistic, executable strategies that satisfy both their economic and environmental goals.
Mr. Mike Koel has been selected to serve as President of U.S. Energy. Mr. Koel has been with U.S. Venture for over 20 years and in May 2017, was named President of U.S. Gain, which he founded within U.S. Oil in 2011. In his new role as President of U.S. Energy, Mr. Koel will be responsible for the company’s growth and expansion into new markets and technologies. U.S. Energy is a U.S. Venture company.
You can find more information in their press release.