Average Price: Utility (Piped) Gas per Therm in Dallas-Fort Worth-Arlington, TX (CBSA)
This dataset tracks average price: utility (piped) gas per therm in dallas-fort worth-arlington, tx (cbsa) over time.
Latest Value
2.41
Year-over-Year Change
9.05%
Date Range
11/1/1978 - 12/1/2024
Summary
This trend measures the average price of utility (piped) gas per therm in the Dallas-Fort Worth-Arlington, TX metropolitan area. It provides important insights into energy costs and consumer inflation for the region.
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 per Therm in Dallas-Fort Worth-Arlington, TX (CBSA) tracks the typical cost of natural gas for residential and commercial consumers in this major Texas metro area. It is a key indicator of energy prices and a component of broader consumer price indexes.
Methodology
The data is collected through surveys of energy providers and end-users in the Dallas-Fort Worth-Arlington area.
Historical Context
This trend informs economic analysis, policymaking, and consumer decision-making related to energy costs and regional price levels.
Key Facts
- Natural gas accounts for over 50% of household energy use in Texas.
- Prices can fluctuate seasonally based on demand and supply factors.
- The Dallas-Fort Worth region is the fourth-largest metropolitan area in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of utility (piped) natural gas per therm in the Dallas-Fort Worth-Arlington, Texas metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy costs and consumer inflation for the Dallas-Fort Worth region, informing economic analysis, policymaking, and consumer decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of energy providers and end-users in the Dallas-Fort Worth-Arlington area.
Q: How is this trend used in economic policy?
A: This trend is used to assess regional price levels and energy costs, informing policies related to consumer protection, energy market regulation, and cost-of-living adjustments.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a short delay before publication, but it provides a reliable gauge of utility gas prices in the Dallas-Fort Worth metropolitan area.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A72620), retrieved from FRED.