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The price of natural gas has never been this low
In our previous FRED Blog post, we argued that the price of electricity varies by region and fluctuates but does not appear to increase with respect to other goods. Today, we take a quick look at the price of natural gas. In the FRED graph above, we’re looking at the price of natural gas at a particular location: the Henry Hub in Erath, Louisiana. This is the connection point of several natural gas pipelines, and local markets are typically priced by a differential from the Henry Hub price. We use monthly prices here to avoid the wild fluctuations of daily prices. So, how has this reference price for natural gas ... (full story)