Average Price: Utility (Piped) Gas - 100 Therms in the West Census Region - Size Class C
APUC40072611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.53
Year-over-Year Change
13.70%
Date Range
11/1/1978 - 12/1/1997
Summary
This economic trend measures the average price per 100 therms of utility (piped) gas in the West Census Region for size class C consumers. It provides insights into regional energy costs and consumption patterns.
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
The Average Price: Utility (Piped) Gas - 100 Therms in the West Census Region - Size Class C trend reports the average retail price per 100 therms of natural gas for residential consumers in the West region of the United States. This data is used to analyze regional energy market dynamics and inform policymaking.
Methodology
The data is collected through surveys of natural gas utility companies.
Historical Context
This trend is relevant for understanding residential energy costs and consumption in the West, which can inform policy decisions and market analyses.
Key Facts
- The West Census Region includes California, Oregon, Washington, Nevada, Idaho, Utah, Colorado, Montana, and Wyoming.
- Size class C represents residential consumers using between 100-400 therms per month.
- Natural gas is a major heating fuel for homes in the West.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per 100 therms of utility (piped) natural gas for residential consumers in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional energy costs and consumption patterns, which is useful for policymakers, market analysts, and consumers in understanding residential energy markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas utility companies operating in the West Census Region.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions related to energy costs, consumption, and regional economic development in the West.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, but may not capture all regional variations in natural gas pricing.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in the West Census Region - Size Class C (APUC40072611), retrieved from FRED.