Material Insights · Understanding the Material World

Energy in buildings and Natural gas

Their prices have moved together.

Energy in buildings (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: fuel cost

Cost and price · Moderate · Both ways

Gas is the main fuel for US power plants and home heating, so gas prices feed into tariffs with a lag. Yearly moves correlate at 0.35 with European gas, weak because American gas prices and regulated tariffs follow their own path.

  • -0.05 monthly change correlation
  • 0.35 12-month change correlation
  • 0.09 fitted elasticity

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