Gas industry optimistic about future energy role

As detailed by A.G.A. chairman R. E. Seymour, the gas industry is beginning to see signs of probable solutions to its supply problems as progress is being made on many fronts in both the traditional and supplemental supply areas. A more favorable regulatory climate toward prices, LNG imports, OCS development, and coal gasification is the most significant reason for the industry's return to optimism. The nation's gas suppliers are closer today than ever before to receiving the kind of rate treatment, capital formation incentives, and pricing structure needed for continuing their role in the US energy mix over the short-, intermediate-, and long-term future.