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U.S. Department of Energy
Office of Scientific and Technical Information

Statistics of interstate natural gas pipeline companies, 1978

Technical Report ·
OSTI ID:5721373

The 1978 financial and operating information of 86 Classes A and B interstate natural gas pipeline companies is presented in this volume with reported assets totaling $39.0 billion as of December 31, 1978, compared with the $35.8 billion on December 31, 1977. (1977 data in parentheses). Gross gas utility plant investments at the end of the year amounted to $30.4 billion ($28.0 billion); and net gas utility plant amounted to $16.5 billion ($15.2 billion). The Classes A and B Pipeline companies received total gas operating revenues of $25.9 billion ($22.3 billion) during the year 1978. This reflects the effect of inflation, of higher purchase gas cost, in addition to higher returns on equity capital needed to assure the financial integrity of the industry in the search for additional gas supplies. Sales of natural gas increased from 15.7 Tcf in 1977 to 16.2 Tcf in 1978. Sales of natural gas to ultimate consumers and to other gas utilities amounted to 2.6 trillion cubic feet (2.5 trillion cubic feet) and 13.6 trillion cubic feet (13.2 trillion cubic feet), respectively. Revenues from these sales amounted to $4.9 billion ($4.2 billion) and $19.9 billion ($16.9 billion), respectively. There was an average of 5,181,895 natural gas customers in 1978 compared with 5,084,329 in 1977. Of these averages, ultimate consumers numbered 5,179,233 (5,082,336) with 2,662 (1,993) wholesale gas utility customers.

Research Organization:
Department of Energy, Washington, DC (USA). Energy Information Administration
OSTI ID:
5721373
Report Number(s):
DOE/EIA-0145(78)
Country of Publication:
United States
Language:
English