States With the Most Costly Pure Gasoline Costs

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With winter and chilly climate upon us, many shoppers will probably be bearing the burden of elevated prices for heating sources like pure gasoline this yr.

New information launched from the Bureau of Labor Statistics in early December confirmed a continued rise in inflation, with shopper costs in November rising 6.8% over the prior yr. One of many most important classes driving inflation total has been power, the place costs now are up a complete of 33.3% over their 2020 ranges.

Whereas the speed of progress month-to-month has slowed, the price of utility gasoline service was 25.1% increased in November than it was one yr in the past. The COVID-19 pandemic has elevated volatility in each demand and provide for power, and with provide presently lagging behind demand, shoppers are dealing with increased costs in consequence.

Latest spikes in pure gasoline pricing run in distinction to a decline in residential costs seen during the last decade. The rise of recent methods like hydraulic fracturing and horizontal drilling within the early-to-mid 2000s made pure gasoline simpler to extract, which has usually contributed to a development of decrease costs on common.

In {dollars} per million BTU, the price of pure gasoline within the U.S. has usually held regular between $10 and $15 for the reason that final recession. In the summertime of 2021, nevertheless, costs rose to round $20 per million BTU.

residential natural gas prices

The affordability of pure gasoline in comparison with different power sources has made pure gasoline a key a part of the U.S. power combine in recent times. This has had some environmental advantages as nicely, permitting for a transition away from low cost however heavy-emitting fossil fuels like coal.

However environmentalists involved about greenhouse gasoline emissions have argued that pure gasoline also needs to be deemphasized in favor of renewable power sources, and a few municipalities—like New York Metropolis—have handed restrictions on pure gasoline in new building to hurry this transition.

States with economies extra depending on power extraction have responded by banning native governments from contemplating related strikes.

But when increased costs persist, economics could assist pace a transition away from pure gasoline no matter any coverage decisions that state and native governments make.

There already is a robust inverse relationship between pure gasoline costs and consumption. In components of the U.S. the place pure gasoline costs are excessive, together with the South and Northeast, per capita, pure gasoline consumption tends to be a lot decrease.

The presently elevated costs for pure gasoline could lead on utilities and shoppers to push for better power effectivity and extra inexpensive power sources, particularly in these areas the place pure gasoline is already dearer.

natural gas prices and consumption

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To establish the states with the costliest pure gasoline costs, researchers at Commodity.com calculated the typical residential pure gasoline worth, expressed in {dollars} per million BTU.

The information used on this evaluation is from the U.S. Vitality Info Administration’s State Vitality Knowledge System (SEDS) and the U.S. Census Bureau’s American Group Survey. Within the occasion of a tie, the state with the upper annual pure gasoline consumption per capita was ranked increased.

All statistics proven are for the yr 2020, the newest full yr of information out there.

Listed here are the states with the costliest pure gasoline costs.

States With the Most Costly Pure Gasoline Costs

maryland
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15. Maryland

  • Common residential pure gasoline worth ({dollars} per million BTU): $12.60
  • Annual pure gasoline consumption per capita (million BTU): 13.23
  • Annual pure gasoline price per capita: $167
  • Complete residential pure gasoline consumption (million BTU): 80,133,138
Arizona
Photograph Credit score: Mark Skalny / Shutterstock

14. Arizona

  • Common residential pure gasoline worth ({dollars} per million BTU): $12.63
  • Annual pure gasoline consumption per capita (million BTU): 5.80
  • Annual pure gasoline price per capita: $73
  • Complete residential pure gasoline consumption (million BTU): 43,051,055

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Vermont
Photograph Credit score: Sean Pavone / Shutterstock

13. Vermont

  • Common residential pure gasoline worth ({dollars} per million BTU): $12.74
  • Annual pure gasoline consumption per capita (million BTU): 6.33
  • Annual pure gasoline price per capita: $81
  • Complete residential pure gasoline consumption (million BTU): 3,948,896
North Carolina
Photograph Credit score: Sean Pavone / Shutterstock

12. North Carolina

  • Common residential pure gasoline worth ({dollars} per million BTU): $12.76
  • Annual pure gasoline consumption per capita (million BTU): 6.27
  • Annual pure gasoline price per capita: $80
  • Complete residential pure gasoline consumption (million BTU): 66,414,665
South Carolina
Photograph Credit score: f11photo / Shutterstock

11. South Carolina

  • Common residential pure gasoline worth ({dollars} per million BTU): $13.01
  • Annual pure gasoline consumption per capita (million BTU): 5.79
  • Annual pure gasoline price per capita: $75
  • Complete residential pure gasoline consumption (million BTU): 30,188,107
California
Photograph Credit score: Matt Gush / Shutterstock

10. California

  • Common residential pure gasoline worth ({dollars} per million BTU): $13.64
  • Annual pure gasoline consumption per capita (million BTU): 12.08
  • Annual pure gasoline price per capita: $165
  • Complete residential pure gasoline consumption (million BTU): 475,462,426
New Hampshire
Photograph Credit score: Jon Bilous / Shutterstock

9. New Hampshire

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.14
  • Annual pure gasoline consumption per capita (million BTU): 5.62
  • Annual pure gasoline price per capita: $79
  • Complete residential pure gasoline consumption (million BTU): 7,676,911
Connecticut
Photograph Credit score: Sean Pavone / Shutterstock

8. Connecticut

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.16
  • Annual pure gasoline consumption per capita (million BTU): 14.20
  • Annual pure gasoline price per capita: $201
  • Complete residential pure gasoline consumption (million BTU): 50,502,937
Massachusetts
Photograph Credit score: CO Leong / Shutterstock

7. Massachusetts

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.19
  • Annual pure gasoline consumption per capita (million BTU): 18.10
  • Annual pure gasoline price per capita: $257
  • Complete residential pure gasoline consumption (million BTU): 124,785,321
Maine
Photograph Credit score: Sean Pavone / Shutterstock

6. Maine

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.35
  • Annual pure gasoline consumption per capita (million BTU): 2.28
  • Annual pure gasoline price per capita: $33
  • Complete residential pure gasoline consumption (million BTU): 3,071,594
Rhode Island
Photograph Credit score: ESB Skilled / Shutterstock

5. Rhode Island

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.52
  • Annual pure gasoline consumption per capita (million BTU): 17.93
  • Annual pure gasoline price per capita: $260
  • Complete residential pure gasoline consumption (million BTU): 18,954,286
Georgia
Photograph Credit score: Alamy Inventory Photograph

4. Georgia

  • Common residential pure gasoline worth ({dollars} per million BTU): $14.90
  • Annual pure gasoline consumption per capita (million BTU): 11.60
  • Annual pure gasoline price per capita: $173
  • Complete residential pure gasoline consumption (million BTU): 124,266,821
Alabama
Photograph Credit score: Sean Pavone / Shutterstock

3. Alabama

  • Common residential pure gasoline worth ({dollars} per million BTU): $15.44
  • Annual pure gasoline consumption per capita (million BTU): 5.94
  • Annual pure gasoline price per capita: $92
  • Complete residential pure gasoline consumption (million BTU): 29,220,586

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florida
Photograph Credit score: CHARLES MORRA / Shutterstock

2. Florida

  • Common residential pure gasoline worth ({dollars} per million BTU): $20.62
  • Annual pure gasoline consumption per capita (million BTU): 0.83
  • Annual pure gasoline price per capita: $17
  • Complete residential pure gasoline consumption (million BTU): 17,967,062
Hawaii
Photograph Credit score: Izabela23 / Shutterstock

1. Hawaii

  • Common residential pure gasoline worth ({dollars} per million BTU): $36.40
  • Annual pure gasoline consumption per capita (million BTU): 0.44
  • Annual pure gasoline price per capita: $16
  • Complete residential pure gasoline consumption (million BTU): 625,311

Detailed Findings & Methodology

The information used on this evaluation is from the U.S. Vitality Info Administration’s State Vitality Knowledge System (SEDS) and the U.S. Census Bureau’s American Group Survey.

To find out the states with the costliest pure gasoline costs, researchers calculated the typical residential pure gasoline worth, expressed in {dollars} per million BTU (MMBtu).

Within the occasion of a tie, the state with the upper annual pure gasoline consumption per capita expressed in million BTU (MMBtu) was ranked increased. All information is for 2020, the newest full yr of information out there.