Cool, I actually have seen gas tanks like the one I made (a couple pictures of google images); however, those ones in the middle of your image don't even have a top, how does one let the gas out on something like that?
Most of my influences came from SCUBA tanks because I work with them a lot.
Ok, I spent today remodeling it and trying to UVW map it (I just have to do some little details on the texture like the nozzle hole, chemical warning stickers, etc.)
I'll probably go ahead and make this one an IED because it does sound kind of dumb to have some guy walk around with a tank of compressed air just so he can throw it.
Anyway:

Now I just have 2 of those extended primary cylinders (each with 8 faces, that's as few as I can go before they begin to look too much like polygons)
I also tried to add rust as you can see, but it looks like a failure of sorts. I'm going to try to shink the rust then add it back to the texture. (BTW, all thanks to marcoelnk for his UVW tutorial on BFEditor)