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Title: Statistics of interstate natural gas pipeline companies, 1974

Technical Report ·
OSTI ID:7327283

This publication presents financial and operating statistics compiled from annual reports (FPC Form No. 2) filed with the Federal Power Commission by Classes A and B interstate natural gas pipeline companies for the year ended December 31, 1974. Classes A and B, as defined for accounting and reporting purposes in the Commission's Uniform System of Accounts, include interstate natural gas pipeline companies with annual gas operating revenues of $1,000,000 or more. Smaller companies, 19 Class C and 3 Class D, altogether account for less than 1 percent of the sales by all interstate natural gas pipeline companies under Commission jurisdiction. There are 81 Classes A and B interstate natural gas pipeline companies and 34 major natural gas pipeline companies for the year 1974. Statistical data indicate that in 1974, interstate reserves, as reported by the interstate pipeline companies in FPC Form 15, declined for the seventh consecutive year. This decline in the interstate supply has manifested itself in firm service curtailments which have increased dramatically from 17.5 billion cubic feet in 1970 to 1.679 trillion cubic feet during 1974. Projected net firm curtailments for the April 1975 through March 1976 period are anticipated to be in excess of 2.9 Tcf, about 19 percent of projected net requirements. The oil equivalent of this shortfall in natural gas supply is about 1.4 million barrels daily.

Research Organization:
Federal Power Commission, Washington, DC (USA)
OSTI ID:
7327283
Report Number(s):
FPCS-242
Country of Publication:
United States
Language:
English