Residential Natural Gas Prices in US States in 2016

Sep 7, 2018
Residential Natural Gas Prices by US State

The chart above shows the residential cost of natural gas per thousand cubic feet for each state in 2016.  Hawaii, which is located in the middle of the world's largest ocean, clearly has some issues with shipment of the commodity.  That may be a large contributing factor as to why the cost of residential natural gas is nearly double the next most expensive state and more than double to five times more expensive than all other states.

Findings

  • The difference between the state with the most expensive residential natural gas, Hawaii, and the state with the cheapest, North Dakota, is $29.27.
  • Hawaii has 5.06 times the residential natural gas prices that North Dakota does.
  • The median cost of residential natural gas in the 50 US states is $10.40 and the mean $11.13.

Caveats

  • All figures are rounded to the nearest hundredth.

Details

Luckily for both Hawaii and Florida, they probably do not need to heat their homes as frequently as other states, and the limited demand may be another reason why prices are so high in the two states.

Midwestern states, as a whole, tend to have lower residential natural gas prices than states from any other region.  It is interesting to see that Texas and California have almost the exact same price for the commodity.

Sources

US Energy Information Administration.  2018.  "US Natural Gas Prices."  Accessed September 6, 2018.  https://www.eia.gov/dnav/ng/ng_pri_sum_dcu_nus_a.htm.

Filed under: Charts and Graphs