UNITED STATES OF AMERICA
 Before the
SECURITIES AND EXCHANGE COMMISSION

In the Matter of

NATIONAL FUEL GAS COMPANY                                    THIRTY-SECOND
NATIONAL FUEL RESOURCES, INC.                                 CERTIFICATE
                                                              PURSUANT TO
File No. 70-7833                                                RULE 24

(Public Utility Holding Company Act of 1935)

--------------------------------------------	

In accordance with the terms of the Order dated December 20, 1991
issued to National Fuel Gas Company ("National") authorizing National to acquire the common stock of National Fuel Resources, Inc. ("NFR") (File No. 70-7833, HCAR No. 35-25437), attached as Exhibit "A" is an Income Statement of NFR for the Three and Twelve Months ended December 31, 1999. Also attached as Exhibit "B" is the Balance sheet of NFR as of December 31, 1999.
IN WITNESS WHEREOF, the undersigned companies have duly caused this Certificate to be signed this 15th day of February, 2000.
NATIONAL FUEL RESOURCES, INC.

By:  /s/ R. J. Kreppel
   ---------------------------------------
   R. J. Kreppel, President	

NATIONAL FUEL GAS COMPANY

By:  /s/ James R. Peterson
   ---------------------------------------
   James R. Peterson, Assistant Secretary	

Exhibit A
NATIONAL FUEL RESOURCES, INC.
INCOME STATEMENT

                                       Three               Twelve
                                    Months Ended        Months Ended
                                 December 31, 1999    December 31, 1999
                                -------------------  -------------------

                                        Actual             Actual
                                -------------------  -------------------

Operating Revenues                  $ 29,174,594       $ 107,836,081
                                   --------------     ---------------

Operating Expenses:

Purchased Gas                         27,053,986          98,374,519
Purchased Electric                       354,217           1,563,097
Operation                              1,613,820           4,762,394
Depreciation, Depletion
   & Amortization                         52,705             185,731
Franchise & Other Taxes                  154,423             294,872
                                   --------------     ---------------
                                      29,229,151         105,180,613
                                   --------------     ---------------

Operating Income (Loss)                  (54,557)          2,655,468
                                   --------------     ---------------

Interest Income                           67,642             360,958
Interest Expense                          39,198             200,991
                                   --------------     ---------------

Net Income (Loss) Before Taxes           (26,113)          2,815,435
                                   --------------     ---------------

Income Taxes:

Federal                                    8,247           1,080,493
State                                        550              55,586
Deferred                                 (17,678)           (136,895)
                                   --------------     ---------------
                                          (8,881)            999,184
                                   --------------     ---------------

Net Income (Loss)                      $ (17,232)        $ 1,816,251
                                   ==============     ===============	

Exhibit B
NATIONAL FUEL RESOURCES, INC.
BALANCE SHEET
AT DECEMBER 31,

1999 1998
ASSETS

Current Assets:
  Cash and Temporary
    Cash Investments                    $ 2,304,884          $ 10,870,850
  Accounts Receivable                    17,302,485            10,181,416
  Accounts Receivable-Interco               501,474                 4,839
  Reserve for Bad Debts                    (852,910)             (653,134)
  Gas Stored Underground                  7,520,398             2,767,455
  Other Current Assets                      (84,381)              115,031
                                 -------------------   -------------------
                                         26,691,950            23,286,457
                                 -------------------   -------------------

Property, Plant, and Equipment
  Furniture and Fixtures                    777,132               548,603
Less - Accumulated DD&A                    (350,150)             (164,419)
                                 -------------------   -------------------
                                            426,982               384,184
                                 -------------------   -------------------

Other Assets                                492,300               711,664
                                 -------------------   -------------------

                                       $ 27,611,232          $ 24,382,305
                                 ===================   ===================

LIABILITIES
Current Liabilities:
  Accounts Payable                      $ 2,805,217           $ 7,224,295
  Accrued Liabilities                     1,889,506               690,365
  Accounts Payable-Intercompany             794,906             1,122,133
  Dividends Payable                         100,000                35,000
  Notes Payable - Intercompany            7,000,000             9,700,000
                                 -------------------   -------------------
                                         12,589,629            18,771,793
                                 -------------------   -------------------

Long Term Liabilities:
Deferred Income Taxes                    (1,030,679)             (889,876)
Miscellaneous Deferred Credits            2,946,774            (4,993,869)
                                 -------------------   -------------------
                                          1,916,095            (5,883,745)
                                 -------------------   -------------------

Stockholder's Equity:
  Common Stock                               10,000                10,000
  Capital Paid in Excess of Par           3,490,000             3,490,000
  Retained Earnings                       9,605,508             7,994,257
                                 -------------------   -------------------
Total Equity                             13,105,508            11,494,257
                                 -------------------   -------------------

                                       $ 27,611,232          $ 24,382,305
                                 ===================   ===================