Residential natural gas prices in Middle Atlantic states declined 9 percent, June 2012 to March 2017

March 08, 2018

From June 2012 to March 2017, the Producer Price Index for residential natural gas in the Middle Atlantic declined 9.4 percent, compared with a 13-percent increase nationwide. In fact, the Middle Atlantic is the only region in the country that had a decrease in residential natural gas distribution prices over the June 2012 to March 2017 period, partly due to the abundance of natural gas in the area.

Percentage change in Producer Price Index for residential natural gas, by region, June 2012–March 2017
Region Percent change

Middle Atlantic
(New Jersey, New York, Pennsylvania)

-9.4%

South Atlantic
(DC, Delaware, Florida, Georgia, Maryland, North Carolina, South Carolina, West Virginia)

7.3

East South Central
(Alabama, Kentucky, Mississippi, Tennessee)

8.9

West North Central
(Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota)

10.6

East North Central
(Illinois, Indiana, Michigan, Ohio, Wisconsin)

10.7

Mountain
(Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming)

11.3

Pacific
(Alaska, California, Hawaii, Oregon, Washington)

13.6

New England
(Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont)

18.4

West South Central
(Arkansas, Louisiana, Oklahoma, Texas)

41.0

Over the same period, the Producer Price Index for residential natural gas increased 7.3 percent in the South Atlantic states and 8.9 percent in the East South Central states. The price increase in the Pacific states, 13.6 percent, roughly matched the nationwide increase. New England and the West South Central region had the largest increases in the PPI for residential natural gas over the June 2012–March 2017 period, 18.4 percent and 41.0 percent, respectively.

These data are from the Producer Price Indexes program. To learn more, see Drilling deep into PPI indexes to understand regional variations in natural gas price movements in Beyond the Numbers (February 2018).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Residential natural gas prices in Middle Atlantic states declined 9 percent, June 2012 to March 2017 on the Internet at https://www.bls.gov/opub/ted/2018/residential-natural-gas-prices-in-middle-atlantic-states-declined-9-point-4-percent-june-2012-to-march-2017.htm (visited December 10, 2018).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics