A compressed air system, wherein a decision to de-energize a compressor motor is made with consideration of the likely need for the operation of the compressor at a future point in time. A rate of pressure decay in an air reservoir may be extrapolated over a predetermined time period to predict the need for operation of the compressor within the time period. If operation of the compressor is predicted to be needed within the time period, the compressor is allowed to continue to run in an unloaded mode beyond a normal cool down period.