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.