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Noteworthy: natural gas: glitches point to inflated output data

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  • Jackson Thies

Abstract

Natural gas production and consumption data have been drifting apart. Production should equal consumption plus increases or decreases in storage, but sampling and estimation errors typically result in slight discrepancies. Seeing these gaps rise, the Energy Information Administration (EIA) implemented a new methodology with the release of February's production data that should ensure greater accuracy. Estimates for the prior 12 months were revised as well.

Suggested Citation

  • Jackson Thies, 2010. "Noteworthy: natural gas: glitches point to inflated output data," Southwest Economy, Federal Reserve Bank of Dallas, issue Q2, pages 1-15.
    • Handle: RePEc:fip:feddse:y:2010:i:q2:p:15:n:2
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    File URL: http://www.dallasfed.org/assets/documents/research/swe/2010/swe1002f.pdf
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    Keywords

    Natural gas; Sampling (Statistics);

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