Noteworthy: natural gas: glitches point to inflated output data
Jackson Thies ()
Southwest Economy, 2010, issue Q2, No 2, 15
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.
Keywords: Natural gas; Sampling (Statistics) (search for similar items in EconPapers)
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