In 2023, the industrial natural gas price in the United States was 4.59 U.S. dollars per thousand cubic feet. This was a decrease compared to the previous year. In 2008, the U.S. price of natural gas for industry peaked at 9.65 U.S. dollars per thousand cubic feet as a result of the Great Recession. Despite the increase in natural gas prices for the industry sector in recent years, natural gas prices for other sectors were much higher.

Natural gas prices are the highest in the residential sector. In 2023, U.S. households paid an all time high average of 15.2 U.S. dollars per 1,000 cubic feet. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around four U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. All sectors saw a year-on-year increase in natural gas prices in 2022 due to the decline in U.S. natural gas production in the first quarter of 2022, which resulted in high withdrawals of natural gas from storage and an increase in average natural gas prices. The growing natural gas market In recent years, the average natural gas prices for all sectors have been increasing in the United States. In 2022, the residential sector witnessed an increase in natural gas prices higher than 2008, while natural gas prices for other sectors were still lower despite increases in average natural gas prices for those sectors. Meanwhile, consumption of natural gas has increased more than any other fuel type following the 2008 Recession. Petroleum consumption has been more variable, and use of coal has significantly decreased. The price of coal and crude oil had already been increasing since the early 2000s, and was further exacerbated by the financial crisis. Around the same time, the cost of natural gas dropped significantly, making it a more viable economic alternative compared to other fossil fuels. This decrease was in part the result of drastically increased production of shale gas as a result of hydraulic fracturing and other techniques.

As of April 1, 2024, the average gas price for commercial customers in Germany was around 10.4 euro cents per kilowatt hour. At the same time, the gas price for industrial customers was around 6.2 euro cents per kilowatt hour. The price data is based on information from wholesalers and gas suppliers.

Natural Gas: Average Commercial Price: Colorado data was reported at 8.310 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 8.250 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Colorado data is updated monthly, averaging 7.045 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 16.700 USD/1000 Cub ft in Sep 2022 and a record low of 3.320 USD/1000 Cub ft in Dec 1996. Natural Gas: Average Commercial Price: Colorado data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

Natural Gas: Average Commercial Price: Kentucky data was reported at 8.720 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 10.370 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Kentucky data is updated monthly, averaging 8.660 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 19.370 USD/1000 Cub ft in Aug 2008 and a record low of 3.970 USD/1000 Cub ft in Jun 1993. Natural Gas: Average Commercial Price: Kentucky data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

Natural Gas: Average Commercial Price: Tennessee data was reported at 10.850 USD/1000 Cub ft in Nov 2024. This records an increase from the previous number of 9.460 USD/1000 Cub ft for Oct 2024. Natural Gas: Average Commercial Price: Tennessee data is updated monthly, averaging 8.450 USD/1000 Cub ft from Jan 1989 (Median) to Nov 2024, with 425 observations. The data reached an all-time high of 17.600 USD/1000 Cub ft in Nov 2005 and a record low of 4.200 USD/1000 Cub ft in May 1989. Natural Gas: Average Commercial Price: Tennessee data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

The state with the highest price of natural gas for industry in 2023 was Hawaii, standing at 28.4 U.S. dollars per thousand cubic feet, a decrease when compared to the previous year. During the same year, Texas had the lowest industrial natural gas price in the country, at 2.7 U.S. dollars per thousand cubic feet. Meanwhile, the average natural gas price for industry in the U.S. stood at 7.9 U.S. dollars per thousand cubic feet in 2022.

Countries in Europe have some of the highest natural gas prices for the industry in the world. In the second quarter of 2024, industrial customers in Switzerland paid approximately 0.16 U.S. dollars per megawatt hour worth of natural gas. This was considerably higher than the price of gas in natural gas producing countries such as Russia and Algeria. Determining natural gas prices Like other commodities, natural gas prices are driven by supply and demand trends. In some instances, they may also reflect developments within the oil market, as both commodities are often produced together. Natural gas prices are volatile. Seeing as the consumption of natural gas is often without alternative (e.g. within power plants), short-term changes to supply and demand have huge repercussions for the market. Weather is also a common determinant of natural gas prices. Unprecedented heat waves in the U.S. have driven up electricity demand for air conditioning and affected weekly Henry Hub natural gas prices in the hotter summer months. Natural gas demand Primary energy demand generated by natural gas worldwide is highest in North America. Nevertheless, forecasts suggest that the Asia Pacific region will experience a doubling in such demand by 2050 and overtake consumers in North America. The United States is still leading a ranking of world natural gas consumption by country. However, China has increased its LNG and gas pipeline investment portfolio, which could see it becoming an even greater consumer in the future.

Graph and download economic data for Producer Price Index by Industry: Natural Gas Distribution: Industrial Natural Gas (PCU221210221210114) from Dec 1990 to Feb 2025 about distributive, gas, PPI, industry, inflation, price index, indexes, price, and USA.

Natural Gas: Average Commercial Price: Maryland data was reported at 11.930 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 14.760 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Maryland data is updated monthly, averaging 9.625 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 19.900 USD/1000 Cub ft in Aug 2022 and a record low of 4.630 USD/1000 Cub ft in Apr 1992. Natural Gas: Average Commercial Price: Maryland data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

In 2023, the natural gas price for industries in the European Union with an annual consumption of less than 100 thousand gigajoules stood at an average 8.55 euro cents per kilowatt-hour. Prices for an annual consumption of 100,000 to one million gigajoules were typically cheaper, with Croatia recording the lowest price among European countries, at 5.4 euro cents per kilowatt-hour.

Natural Gas: Average Commercial Price: Wisconsin data was reported at 8.320 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 7.570 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Wisconsin data is updated monthly, averaging 6.500 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 14.630 USD/1000 Cub ft in Jul 2008 and a record low of 3.560 USD/1000 Cub ft in Sep 1995. Natural Gas: Average Commercial Price: Wisconsin data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

For industries with an annual consumption of 100,000 to 1,000,000 GJ in the European Union, natural gas prices were highest in Sweden, at 16.6 euro cents per kilowatt-hour in 2023. Finland followed, at 12.2 euro cents per kilowatt-hour. In contrast, the lowest prices were observed in Croatia, at 5.4 euro cents per kilowatt-hour.

UK Gas decreased 26.27 GBp/Thm or 20.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on March of 2025.

This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices.

The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data.

The price cap set by the Dutch government for 2023 has now been incorporated into the prices.

Data available from: 1st semester of 2009

Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final.

Changes as of September 30: Figures for the first half of 2024 have been added.

When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.

Have timely access to reliable Natural Gas price assessments in Poland:

• Natural Gas, industrial sector, dpu, Poland, excluding VAT and other recoverable taxes and levies

Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Natural Gas price assessments for Poland and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Natural Gas: Average Commercial Price: Washington data was reported at 14.000 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 13.850 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Washington data is updated monthly, averaging 8.710 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 431 observations. The data reached an all-time high of 16.150 USD/1000 Cub ft in Sep 2024 and a record low of 3.850 USD/1000 Cub ft in Dec 1992. Natural Gas: Average Commercial Price: Washington data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on March of 2025.

Have timely access to reliable Natural Gas price assessments in Brazil:

• Natural Gas, industrial sector, dpu, Brazil

Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Natural Gas price assessments for Brazil and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

This statistic gives the commercial consumer price estimates for natural gas in the United States between 2000 and 2010. In 2000, the commercial consumer price estimate for natural gas came to around 8.32 U.S. dollars per million British thermal units.