On This PageAugust 2001, No. 168

Higher Energy Prices in the Midwest
Last Updated: 07/12/01

It has been remarked that the Midwest enjoys two climatic seasons—winter and summer. Lately, at least one wag has characterized these two seasons by the particular fuel—natural gas or gasoline—that is pinching the pocketbooks of Midwest consumers. This Chicago Fed Letter reviews recent experience for these two fuels and measures the extent to which rising prices have been draining consumer pocketbooks in the Midwest.