Natural Gas – 100 Years Ago Today, April 29, 1922!
Tom Shepstone
Shepstone Management Company, Inc.
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Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today.
I thought it might be fun and illuminating to look back 100 years ago at what was happening with natural gas. It is eye opening, given all we’ve learned over the last century and, of course, there is little new under the sun. Consider these 100-year old news items (emphasis added):
- That’s $23-29 Per 1,000 Cubic Feet in 2022 Dollars! !
- Get Industry Running on Natural Gas Now!
- Natural Gas: What Can’t It Do?
That’s $23-29 Per 1,000 Cubic Feet in 2022 Dollars!
The 80¢ to $1.00 per 1,000 cubic feet cited in the clip below was a bargain in 1922 and that means today’s prices of $6-7 per 1,000 cubic feet (thank the Shale Revolution, innovation and technology) are an even better bargain but the prices could be far, far lower but for Bumbling Biden as the White House occupant.
29 Apr 1922, Sat Le Meschacebe (Bonnet Carre, Louisiana) Newspapers.com
And, the economics are, after all, what matters…
Get Industry Running on Natural Gas Now!
The business promotion of natural gas, such as illustrated below, is what is still needed today as well. Instead, we’re getting far too many apologies for being a fossil fuel and not doing enough about global warming, which is a cause created to smash the industry, make more green grifting possible and consolidate the power of elites.
29 Apr 1922, Sat Pittsburgh Post-Gazette (Pittsburgh, Pennsylvania) Newspapers.com
All true! Yes, you can do it better with gas! Let’s proclaim it, loudly!
Natural Gas: What Can’t It Do?
Yes, natural gas even makes a better cup of coffee and they knew that a century ago!
29 Apr 1922, Sat The M’Alester News-Capital (McAlester, Oklahoma) Newspapers.com
More importantly, notice it says “dry natural gas” the kind found in the Marcellus Shale of Northeastern Pennsylvania. Talk about marketing opportunities!
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