Lots of discussion with a few members of the commentariat at Calculated Risk regarding the extreme nature of the price ratio between oil and natural gas so I decided to hunt up some data and see just what we were talking about.
The price behavior on a linear plot over the same time.
...and on a log plot due to the disparity of oil and gas when displayed on a common axis.
Data source:
EIA time series US Energy Information Administration
1 comment:
Maybe energy isn't as fungible as I assert. Thanks for the hard work.
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