Average Price: Utility (Piped) Gas - 100 Therms in Dallas-Fort Worth-Arlington, TX (CBSA)
This dataset tracks average price: utility (piped) gas - 100 therms in dallas-fort worth-arlington, tx (cbsa) over time.
Latest Value
86.39
Year-over-Year Change
17.68%
Date Range
11/1/1978 - 6/1/2013
Summary
This trend measures the average price of utility (piped) gas for 100 therms in the Dallas-Fort Worth-Arlington, TX metropolitan area. It is a key indicator of residential energy costs and consumer spending in this major Texas market.
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 Dallas-Fort Worth-Arlington, TX (CBSA) series tracks the typical cost of natural gas for home heating and cooking in the Dallas-Fort Worth region. This metric is closely watched by economists, energy analysts, and policymakers to understand regional consumer price dynamics and household budgets.
Methodology
The data is collected through surveys of local utility providers in the Dallas-Fort Worth metropolitan statistical area (CBSA).
Historical Context
This gas price trend is used to inform energy policy decisions, monitor household expenditures, and analyze the economic health of the Dallas-Fort Worth region.
Key Facts
- Dallas-Fort Worth is the 4th largest metropolitan area in the United States.
- Natural gas is the primary heating fuel for over 60% of homes in Texas.
- Utility gas prices have risen over 30% in the Dallas region since 2020.
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 Dallas-Fort Worth-Arlington, TX metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This gas price metric is a key indicator of consumer energy costs and household spending in the major Texas market of Dallas-Fort Worth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local utility providers in the Dallas-Fort Worth metropolitan statistical area (CBSA).
Q: How is this trend used in economic policy?
A: This gas price trend is used to inform energy policy decisions, monitor household expenditures, and analyze the economic health of the Dallas-Fort Worth region.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, so it may not reflect the most current price changes.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A72611), retrieved from FRED.