Average Price: Utility (Piped) Gas per Therm in the West South Central Census Division
APU037072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.89
Year-over-Year Change
6.86%
Date Range
1/1/2018 - 12/1/2024
Summary
The Average Price: Utility (Piped) Gas per Therm in the West South Central Census Division measures the average cost of natural gas for residential and commercial consumers in a specific U.S. region. This trend is closely monitored by economists and policymakers to understand energy costs and inform decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the average price per therm of natural gas delivered through utility pipelines to consumers in the West South Central Census Division, which includes Arkansas, Louisiana, Oklahoma, and Texas. The data is used to analyze energy affordability, consumption patterns, and the impacts of policy changes.
Methodology
The U.S. Energy Information Administration collects this data through surveys of natural gas utility companies.
Historical Context
Trends in regional natural gas prices are relevant for energy policy, consumer price analysis, and business investment decisions.
Key Facts
- The West South Central region accounts for over 20% of U.S. natural gas consumption.
- Natural gas is the primary heating fuel for over half of U.S. households.
- Prices can vary significantly by region due to differences in supply, infrastructure, and regulation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per therm of natural gas delivered through utility pipelines to residential and commercial consumers in the West South Central Census Division.
Q: Why is this trend relevant for users or analysts?
A: Trends in regional natural gas prices are important for understanding energy affordability, consumption patterns, and the impacts of policy changes.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of natural gas utility companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to inform decisions related to energy policy, consumer price analysis, and business investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
Similar APU Trends
Average Price: Margarine, Vegetable Oil Blends, Soft, Tubs (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000716113
Average Price: Electricity per Kilowatt-Hour in San Francisco-Oakland-Hayward, CA (CBSA)
APUS49B72610
PADD IV (Rocky Mountain District) Regular All Formulations Gas Price
GASREGRMM
Average Price: Eggs, Grade A, Large (Cost per Dozen) in the Midwest Census Region - Urban
APU0200708111
Average Price: Bourbon Whiskey, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in U.S. City Average
APU0000720211
Average Price: Butter, Stick (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FS1101
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in the West South Central Census Division (APU037072620), retrieved from FRED.