Material Insights · Understanding the Material World

Boilers, furnaces and stoves and Natural gas

Their prices have moved together.

Boilers, furnaces and stoves (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: main fuel

Cost and price · Moderate · Both ways

Most boilers and furnaces burn natural gas, so gas supply and price shape demand for new equipment. The link is weak in the data, because the US equipment index reflects manufacturing costs more than fuel markets.

  • 0.11 monthly change correlation
  • 0.39 12-month change correlation
  • 0.14 fitted elasticity

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