Natural Gas Prices Are Increasing This document will contain an analysis of articles related to a current event related to the market in which my organization operates. According to the book Macroeconomics, by David Colander, economics is defined as the study of how human beings coordinate their needs and wants, given the decision-making mechanisms, social mores, and political realities of society. This document will also include a supply and demand example related to this topic and discuss the difference between moving along and shifting the demand curve. The role of government will also be discussed. The articles I chose are titled "Rising Natural Gas Prices" by Petoskey Daily Staff Writer Lisa Hayes and an article retrieved from DTE Energy's intranet site titled "Rising Natural Gas Costs." I work at DTE Energy, which is an energy provider to more than 2.1 million electric customers and 1.2 million gas customers for southeast Michigan. The current event related to this organization is the increase in natural gas prices. Natural gas prices are rising because demand is rising, which means prices are rising. DTE expects gas prices to rise this winter, then remain stable through the spring and summer. However, one factor contributing to the rising prices is the low natural gas reserves that are the result of the long cold winter, as well as significantly depleted underground storage supplies, meaning more gas now needs to be purchased to compensate. This is definitely a supply and demand issue (Hayes, L).