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Title: Future Of The Gas Industry In The Overall Energy Picture
Author: William G. Rosenberg
Source: American Gas Association 1976
Year Published: 1976
Abstract: For the past 150 years the natural gas pipeline industry has served the country well in delivering to our homes, businesses and factories adequate supplies of natural gas, Today natural gas accounts for one-third of the nations lotal energy requirements. It heats some 40 million American homes and supplies nearly half of our industrial energy. Yet, major problems remain in setting the proper economic and regulatory climate to assure sufficient supply and equitable distribution of natural gas in the years to come. The litany of pessimistic natural gas trends has become all to familiar. --Production peaked in 1973, declined 5 percent in 1974, and an estimated 7 percent last year.