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Gas prices tick lower. From AAA : "Like a glacier grinding its way to the sea, the national average for a gallon of gas is closing in on the $3 mark, shedding three cents since last week to $3.03.
We think that core PCE inflation would fall from 2.8% year-on-year to 2.1% by the end of 2025 in the absence of tariffs, and the tariffs we expect would provide only a one-time 0.3 [percentage ...
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
LPG cylinders in India Liquefied petroleum gas tank on a rural farm. Predominantly in Europe and rural parts of many countries, LPG can provide an alternative to electric heating, heating oil, or kerosene. LPG is most often used in areas that do not have direct access to piped natural gas. In the UK about 200,000 households use LPG for heating.
At the corporate level, electricity load and price forecasts have become a fundamental input to energy companies’ decision making mechanisms. The costs of over- or undercontracting and then selling or buying power in the balancing market are typically so high that they can lead to huge financial losses and bankruptcy in the extreme case.
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for specific sectors of the economy or even specific firms.
In 2015, Stratfor published a decade forecast for 2015 to 2025, which revised the predictions on China and Russia made in the book. Rather than the Russian government completely collapsing, it envisioned that the Russian government would lose much of its power, and the country would gradually fragment into a series of semi-autonomous regions.