NATIONAL FUEL GAS CO
POS AMC, 1994-05-06
NATURAL GAS DISTRIBUTION
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                                                  File No. 70-7833

                 SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549
           ______________________________________________

                                 U-1
                           AMENDMENT NO. 7
                          (POST-EFFECTIVE)
                                UNDER
           THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
           ______________________________________________

Names of Companies filing this statement and addresses of principal 
executive offices:

National Fuel Resources, Inc.      Leidy Hub, Inc.
10 Lafayette Square                10 Lafayette Square
Buffalo, New York 14203            Buffalo, New York 14203
                                   (Formerly Enerop Corporation)
           ______________________________________________

               Name of Top Registered Holding Company:

                      NATIONAL FUEL GAS COMPANY

              Names and Addresses of Agent for Service:

David F. Smith, President          Gerald T. Wehrlin, Secretary
National Fuel Resources, Inc.      Leidy Hub, Inc.
10 Lafayette Square                10 Lafayette Square
Buffalo, New York 14203            Buffalo, New York

It is respectfully requested that the Commission send copies of all 
notices, orders and communications to:

                           Kyle G. Storie
                         10 Lafayette Square
                       Buffalo, New York 14203


Item 5. is hereby amended by the addition of the following:

          The Applicants hereby request that certain information 

contained in the Exhibits hereto, as indicated in Item 6 Exhibits 

(the "Information") be kept confidential pursuant to Rule 104(b) 

(Section 250.104(b) of the Commission's Regulations).

          Public disclosure of the Information is not necessary or 

appropriate in the public interest or for the protection of investors 

or consumers.  

          The Information includes a projection of NFR's internal 

rate of return on the Perfection investment which contains projected 

sales volumes and selling price per unit for each Valve.  Also 

included in the Information are Marketing Studies prepared by 

Perfection in regard to each Valve which describe market 

opportunities on a regional basis, competitors and their products, 

possible competitive responses to introduction of the Perfection 

Valves and features which the Valves must contain to be competitive. 

          All of this information would be highly coveted by 

Perfection's competitors (and otherwise unavailable) and if disclosed 

would put Perfection's Valve programs at a significant competitive 

disadvantage given that competitors are not required to make public 

their marketing studies and information.  Additionally, the amount of 

the Perfection investment ($610,000.00) is of an order of magnitude 

too small to be material to either investors or consumers.  

          The investing and consuming public would be best served by 

allowing the Information to remain confidential, thereby allowing 

Perfection to compete on an equal basis with its competitors.

                             SIGNATURES

          Pursuant to the requirements of the Public Utility Holding 

Company Act of 1935, the undersigned companies have duly caused this 

Amendment to the application-declaration to be signed on their behalf 

by the undersigned thereunto duly authorized.


Dated:  May 5, 1994
                                   NATIONAL FUEL RESOURCES, INC.



                                   By: /s/David F. Smith
                                       David F. Smith
                                       President



                                   LEIDY HUB, INC.



                                   By: /s/Gerald T. Wehrlin
                                       Gerald T. Wehrlin
                                       Secretary






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