Abstract
T HE WORDS NATURAL GAS have come, to have a magic ring in the United States since World War II. The once despised by-product of oil wells has ceased to be a nuisance and has become the panacea that is going to cure all the ills of the fuel user-especially the small user. Throughout the Southwest and Middle West natural gas has revivified the gas business by stabilizing operating expenses and by deferring the day when costly new production capacity will be needed. The users of gas are getting service at a very attractive price, and the gas companies are no longer losing money. The technological problems of transmission of gas over long distances appear to be solved or at least under control. Certainly, the natural gas industry has already done so much to make life pleasanter and easier that the residents of any region that is about to receive this miracle fuel have been given ample grounds to expect that all their fuel worries are over. It is another question whether any fuel could do all that most people expect from natural gas. A skeptic might be inclined to discount some of the more extravagant claims-particularly in the New York Metropolitan area.
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