Material Insights · Understanding the Material World

Advanced geothermal and Natural gas

Their prices have moved together.

Advanced geothermal (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: shared driver

Cost and price · Moderate · Both ways

Gas drilling also uses the same rigs and services, and gas prices drive US gas drilling. The drilling proxy and the gas price correlate at 0.12 monthly and 0.41 over a year.

  • 0.12 monthly change correlation
  • 0.41 12-month change correlation
  • 0.10 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.