Sparky,
No confusion, the EGC would be sufficient for Code and for real. My concern as an inspector would be any pressure reducers which may not allow the EGC to be continuous for the piping, but other than that it would be fine.
The problem is that 7 years ago, one county was requiring that the gas pipe be ISOLATED from the electrical service, including removing the EGC for the branch, AND that is apparently happening again with another county. You may be assured that if I get my hands on a rejection slip for this behavior, war will be declared.
30 year ago, we were required to treat the gas pipe as an electrode. This was often accomplished by bonding across the hot and cold water pipes + the gas pipe at the water heater. In that way the bond is pretty much assured. There would be nothing illegal about this method today, it would assure continuity, and bond it downstream from the utility, thereby meeting all codes, and allowing me to sleep better about the pressure reducers.
I've had problems with pressure regulators in water pipes, bad ones, so I tend not to trust these devices.
Ahhhh for the good ole days, back when Men were Men, and Hamburger didn't need a helper.