Why the cooling-container-and-gas-sensor wars have raged for so long
A new war is raging in the oil and gas industry, with one company now using the technology to make the cheapest gas in the world.
Gas is the lifeblood of many businesses, but there are growing concerns that a new technology, a cooler-container gas sensor, may allow them to cut costs without sacrificing security.
The gas-sensing technology can read and store temperature data, like that of a thermostat, so that it can be used to make adjustments to the gas supply.
It’s a new frontier in the industry, where technology companies are racing to develop technologies that could make gas cheaper.
A $25,000 cooler-containment gas sensor is shown at a gas station in the Dallas suburb of Plano, Texas, April 26, 2019.
The company that developed the device, EnergySolutions, is making a cooler gas sensor that can be attached to an old, leaky or faulty gas-cooler.
It has a small battery and connects to the thermostats on an existing system.
The device can also be connected to a water pump or electric heater, and can be controlled remotely by the gas company.
Its the cheapest way to make gas in America for a fraction of the price of the cheaper alternatives, Energy Solutions co-founder David Wertheim told The Associated Press in a phone interview.
Energy Solutions has been testing the cooler-sensors for two years in its largest and most advanced facilities in Plano and Dallas.
The cooling-solar sensor is mounted on a specially designed cooler and is about 2 feet long, 2 feet wide and 8 feet tall.
It can read temperatures from as low as 2 degrees Fahrenheit to as high as 70 degrees Fahrenheit.
“The goal is to save customers money, because they can have more options,” Wertheimer said.
“We’re not talking about going out and buying new gas, we’re talking about making cheaper gas.”
The cooler-gas sensor can be mounted on the bottom of a gas pump, so customers can see how much gas is being used and adjust the gas accordingly.
The cooler gas sensors can be connected via Bluetooth to a remote control that allows customers to set their own settings and to control the thermoregulation system remotely.
The company has raised more than $150 million in venture capital, according to the company’s website, and has secured financing from private equity firms including CVC Capital, Pershing Square Capital Partners, and the private equity firm Draper Fisher Jurvetson.
The funding was part of a $20 million round led by U.S. hedge fund Fidelity Investments.
Some competitors, including EOG Energy and Pioneer Natural Resources, are also testing the technology.
They are making their own versions of the cooler gas systems.
The smaller cooler-gasket gas sensor uses a smaller cooler and can cost less than $2,000, compared to the $2.4 million that Energy Solutions is asking for.
Firms like Energy Solutions are testing the cooling technology in the U.K., China, South Korea and Japan.
Wertheim said he thinks there is still a lot of room for improvement.
He said the cooler sensor is not yet certified by the International Standards Organization, and it doesn’t have an automatic-gas shut-off feature, so it won’t be able to prevent leaks in the event of an emergency.
Even with the improvements in cooling systems, the company still has a ways to go before it can compete with traditional gas companies, he said.
He added that his company is not concerned about gas prices or the economy, because the technology is inexpensive and there are no negative environmental impacts.