FIG. 1 is a first perspective view of my new oxygen conserving regulator;

FIG. 2 is a second perspective view thereof;

FIG. 3 is a front view thereof;

FIG. 4 is a top view thereof;

FIG. 5 is a left side view thereof;

FIG. 6 is a right side view thereof;

FIG. 7 is a bottom view thereof; and,

FIG. 8 is a rear view thereof.