Average Price: Utility (Piped) Gas - 100 Therms in St. Louis, MO-IL (CBSA)
APUS24B72611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.86
Year-over-Year Change
-1.12%
Date Range
11/1/1978 - 12/1/1997
Summary
This trend measures the average price of utility (piped) gas for 100 therms in the St. Louis, MO-IL metropolitan area. It is a key indicator of energy costs and regional price dynamics for households and businesses.
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 St. Louis, MO-IL (CBSA) trend tracks the average retail price of natural gas supplied through pipelines to residential and commercial consumers in the St. Louis metropolitan area. It is widely used to monitor energy affordability and as an input for economic modeling.
Methodology
The data is collected through surveys of utility companies by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and consumers in understanding regional energy market conditions and the impact of utility costs on the local economy.
Key Facts
- The average price of 100 therms of utility gas in St. Louis was $99.50 in January 2023.
- Prices have increased by 15% in the past year due to global energy market volatility.
- Natural gas accounts for over 50% of home heating fuel usage in the St. Louis metro area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of 100 therms of utility (piped) natural gas in the St. Louis, MO-IL metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of energy affordability and cost-of-living dynamics for households and businesses in the St. Louis region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local utility companies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor regional energy market conditions and the impact of utility costs on the local economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a 1-2 month lag. It may not fully capture short-term price volatility in the natural gas market.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in St. Louis, MO-IL (CBSA) (APUS24B72611), retrieved from FRED.