Global price of Natural gas, EU
Annual
PNGASEUUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.89
Year-over-Year Change
-9.10%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual percent change in U.S. natural gas consumption. It provides insights into broader energy usage patterns and can inform policymakers on energy supply and demand dynamics.
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 Annual trend tracks the year-over-year percent change in total U.S. natural gas consumption. This key metric helps analysts and policymakers understand broader energy market trends and the role of natural gas in the U.S. energy mix.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
The Annual trend is used to analyze energy policy, assess market conditions, and forecast energy supply and demand.
Key Facts
- U.S. natural gas consumption has increased by over 20% since 2000.
- Natural gas is the largest source of electricity generation in the U.S.
- Residential and commercial sectors account for over 40% of total U.S. natural gas demand.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in total U.S. natural gas consumption across all sectors of the economy.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides insights into broader energy market dynamics and can inform policy decisions related to energy supply, demand, and infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: The Annual trend is used by policymakers, analysts, and institutions to monitor energy market conditions and support decision-making on energy policy and infrastructure investments.
Q: Are there update delays or limitations?
A: The Annual trend data is typically published with a delay of several months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual (PNGASEUUSDA), retrieved from FRED.