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.