Statistics of interstate natural gas pipeline companies: 1979

Technical Report · Wed Oct 01 04:00:00 EDT 1980

OSTI ID:6819500

Lyles, R O; Hinton, J F

The 1979 financial and operating information of 89 Classes A and B interstate natural gas pipeline companies is presented in this volume with reported assets totaling $44.4 billion as of December 31, 1979, compared with the $39.0 billion on December 31, 1978. (Comparative data for 1978 are indicated in parentheses). Gross gas utility plant investments at the end of the year amounted to $33.0 billion ($30.4 billion); and net gas utility plant amounted to $17.9 billion ($16.5 billion). The Classes A and B Pipeline companies received total gas operating revenues of $35.5 billion ($26.0 billion) during the year 1979. 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 16.2 trillion cubic feet in 1978 to 17.7 trillion cubic feet in 1979. Sales of natural gas to ultimate consumers and to other gas utilities amounted to 2.8 trillion cubic feet (2.6 trillion cubic feet) and 14.8 trillion cubic feet (13.6 trillion cubic feet), respectively. Revenues from these sales amounted to $6.4 billion ($4.9 billion) and $27.6 billion ($20.0 billion), respectively. There was an average of 5,382,277 natural gas customers in 1979, compared with 5,181,895 in 1978. Of these averages, ultimate consumers numbered 5,379,270 (5,179,233) and 3007 (2662) wholesale gas utility customers. The collection of financial and operating statistics on the natural gas industry that is reported here is limited under the Natural Gas Act to that segment of the industry which is subject to the Commission's regulatory jurisdiction.

• Research Organization: Department of Energy, Washington, DC (USA). Energy Information Administration
• OSTI ID: 6819500
• Report Number(s): DOE/EIA-0145(79)
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294003 -- Energy Planning & Policy-- Natural Gas
CAPITAL
DATA
DATA COMPILATION
FINANCIAL DATA
GAS UTILITIES
INCOME
INDUSTRY
INFORMATION
INVESTMENT
NATURAL GAS INDUSTRY
NUMERICAL DATA
PIPELINES
PUBLIC UTILITIES
TRADE