The invention is a magnetic fluid processor for conditioning fluids that includes an elongated housing comprising a core enclosed by a magnetic component in combination with an electrical return path. In one embodiment, the processor includes an elongated housing comprising a hollow core for storing an inert gas, said core enclosed by a magnetic component. The processor is electrically coupled to an electrical return path, which alters a magnetic configuration within fluids, thereby separating metals and organic or inorganic materials from fluids, in order to achieve desired fluid composition and properties.