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

Statistics of interstate natural gas pipeline companies, 1977

Technical Report ·
OSTI ID:6539318

Financial and operating statistics presented are compiled from annual reports (FPC Form No. 2) filed with the Energy Information Administration (EIA) by Classes A and B interstate natural gas pipeline companies for the year ended December 31, 1977. Classes A and B, as defined for accounting and reporting purposes in the Federal Energy Regulatory Commission's (FERC) Uniform System of Accounts, include interstate natural gas pipeline companies with annual gas operating revenues of $1,000,000 or more. The companies received total gas operating revenues of $22.3 billion ($17.3 billion) during the year. This reflects the effect of inflation, the passing through of higher purchase gas costs plus the 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 declined for the fifth year in a row, from 16.2 trillion cubic feet in 1976 to 15.7 trillion cubic feet in 1977. In 1975 total sales of natural gas was 16.5 trillion cubic feet. There was an average of 5,084,329 natural gas customers in 1977 compared with 4,427,156 in 1976. Of this amount, ultimate consumers numbered 5,082,336 (4,525,156) and there were 1,993 (2,000) wholesale gas utility customers. Sales of natural gas to ultimate consumers and to other gas utilities amounted to 2.5 trillion cubic feet (2.4 trillion cubic feet) and 13.2 trillion cubic feet (13.8 trillion cubic feet), respectively. Revenues from such sales amounted to $4.2 billion ($3.1 billion) and $16.9 billion ($13.3 billion), respectively.

Research Organization:
Department of Energy, Washington, DC (USA). Energy Information Administration
OSTI ID:
6539318
Report Number(s):
DOE/EIA-0145
Country of Publication:
United States
Language:
English