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Natural gas drives record growth for 1949 in industry
New York December 29 1949 natural gas became the glamour bay of record shattering gas utilities industry It foresees the greatest advance in 1950 as pipelines spread from southwestern fields to crowded northern and eastern markets Gas furnace sales rose 35 percent and conversion burner sales 30 percent in 1949 while unfilled orders for conversion burners were about twenty times higher than a year ago The American Gas Association reported 23763400 customers at year end revenues 1694330000 and a pipeline network of 260000 miles delivering nearly three trillion cubic feet annually The proved reserves stood above 173 trillion cubic feet with more added continuously
MENTIONED IN THIS ARTICLE
New York
American Gas Association
Gas Appliance Manufacturers Association
A.G.A
Gas Utilities
Association