Energy-intensive industry and Natural gas

Their prices have moved together.

Energy-intensive industry (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: fuel cost

Cost and price · Moderate · Both ways

Gas sets the marginal cost of power in many grids and is burned directly in heavy industry. Monthly moves correlate at -0.08 with European gas but yearly at 0.35, because US tariffs follow American gas with a delay set by regulators.

• -0.08 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.